$TRX Breakout Alert: Testing the 0.29 Resistance Ceiling!
TRON (
$TRX ) is showing remarkable strength as we head into late February 2026. While the broader market is navigating some chop, TRX is acting as a "Safe Haven" infrastructure play, holding firmly near the $0.290 mark. We are currently seeing a classic "Ascending Triangle" compression on the 4H chart—the pressure is building, and a move is imminent.
📊 Technical & Fundamental Breakdown:
Institutional Support: Tron Inc. has been on a consistent treasury accumulation spree, recently adding 177K TRX at these levels. This corporate backing provides a strong floor at $0.288.
The "USDT Rail" Narrative: TRON continues to dominate as the world’s preferred network for USDT circulation. With daily transfer volumes consistently hitting the $20B+ range, the organic demand for TRX (for gas fees) is keeping the trend structurally bullish.
Momentum: The RSI is currently hovering around 51, indicating a balanced market that is perfectly reset for the next impulsive leg up.
TRADE SETUP (Long)
This is for traders looking to catch the expansion wave once the $0.29 ceiling shatters.
Entry: Above $0.2910 (Wait for a 1H candle close above resistance)
Target 1 (TP1): $0.2950 (Local liquidity)
Target 2 (TP2): $0.3000 (Major psychological milestone)
Stop Loss (SL): $0.2875
🔥 Pro-Trader Insight: TRON is currently trading like a high-yield infrastructure bond rather than a speculative meme coin. Its low volatility compared to the rest of the market makes it a great "Anchor" for your portfolio.
Are you bidding the breakout above $0.29, or are you waiting for a deeper discount at the $0.285 floor? Let's discuss in the comments!
Trade
$TRX here 👇
#TRX #TRON #JustinSun