Tron (TRX) continues to trade in a tight range around $0.27, with technical indicators pointing to a market in consolidation. Momentum has faded, as shown by a weakening ADX and a neutral RSI hovering near 50, signaling indecision among traders.
The token faces resistance at $0.274 and support at $0.256, with a breakout or breakdown likely to set the next directional move. Meanwhile, SunPump’s new CEX Alliance aims to boost TRON’s meme coin ecosystem, but on-chain activity and revenue remain subdued despite the initiative.
SunPump Launches CEX Alliance, But Platform Activity Remains Low
SunPump has officially launched its CEX Alliance, a strategic initiative aimed at supporting high-quality meme projects within the TRON ecosystem.
The alliance brings together several centralized exchanges, including BitMart, Poloniex, LBank, and others, to streamline listing procedures and amplify marketing efforts for promising projects with stable on-chain performance and market caps over $500,000.
Through coordinated campaigns, social exposure, and access to trading events, the initiative seeks to bolster meme coin visibility and foster growth within the TRON network.
However, SunPump’s on-chain metrics paint a more muted picture. Despite the recent announcement, the platform has seen only around 98,300 token launches in total over the past nine months—a figure that Pump.fun often surpasses in less than a week.
Activity on the platform remains subdued, and revenue generation has been underwhelming, with daily earnings frequently falling below $1,000 in recent weeks.
While the CEX Alliance may introduce more exposure and credibility, SunPump’s ability to scale user participation and on-chain performance remains a critical challenge going forward.
TRX Enters Sideways Phase as Trend Strength Weakens
Tron’s Directional Movement Index (DMI) currently shows a weakening trend, with the Average Directional Index (ADX) falling to 11.68 from 24 just three days ago.
The ADX measures trend strength on a scale from 0 to 100, where readings above 25 suggest a strong trend—either up or down—while values below 20 indicate a weak or non-trending market. Alongside the falling ADX, the positive directional indicator (+DI) has declined to 20.74 and the negative directional indicator (-DI) to 15.41, both down significantly from earlier levels.
This alignment suggests that bullish and bearish pressures are both fading, pointing to a period of indecision and consolidation rather than clear directional momentum.
The Relative Strength Index (RSI) for TRX is currently at 49.87 and has hovered around the neutral 50 level for the past three days.
RSI is a momentum oscillator that ranges from 0 to 100, with values above 70 indicating overbought conditions and below 30 signaling oversold conditions. An RSI near 50 typically reflects balance between buying and selling pressure—suggesting that the market is in equilibrium.
With both DMI and RSI pointing to a lack of strong conviction from either bulls or bears, TRX is likely to remain range-bound in the short term unless a clear catalyst shifts sentiment.
Tron Price Consolidates: Will $0.274 Breakout or $0.256 Breakdown Come First?
Tron has been trading steadily around the $0.27 level over the past week, with its EMA lines pointing to ongoing consolidation.
The token recently failed to break through the $0.274 resistance, which remains a key short-term hurdle.
A successful breakout above that level could open the door for a move toward $0.279 and $0.282, potentially setting up a larger rally to reclaim the $0.30 mark for the first time since December 2024.
However, such a move would likely require renewed momentum and a shift in market sentiment.
On the downside, TRX faces important support at $0.256. If bearish pressure increases and that level is breached, the price could slip further to $0.250, and in a more extended pullback, even test $0.243.
The current setup suggests a market in wait-and-see mode, with traders closely watching for a decisive move in either direction.
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