• TRX holds above the ascending trendline, reinforcing bullish market structure and investor confidence.
• Exchange outflows signal accumulation, reducing sell pressure and supporting long-term upside.
• Futures data shows bullish bias, with traders expecting a breakout above $0.37.

Momentum within TRON Network continues to build, and the numbers speak volumes. SunSwap transactions surged past 30,000 in September, setting the highest mark of the year. Trading volumes stayed firm above 15,000, a clear sign of consistent demand despite broader market swings. Such resilience strengthened TRON’s position as more than a secondary platform. For investors, this activity creates a compelling case that TRON may hold a stronger role in digital settlement.

Strong Fundamentals Support TRX

This steady network growth has boosted TRON’s long-term fundamentals. Stablecoin settlement thrives across the chain, with rising usage anchoring confidence in future potential. At press time, TRX traded near $0.33, staying firm above its ascending trendline support. This line has acted as a steady lifeline during pullbacks, allowing buyers to regroup and maintain control. The structure suggests a bullish base remains intact. Yet, not every signal shined green.

The DMI indicator flashed a bearish sign, hinting at a potential retest of support. Resistance levels stood at $0.3526 and $0.3700. Clearing these hurdles is crucial to unlock momentum toward $0.40. The current battle rests on maintaining the trendline while absorbing near-term volatility. Investor flows provide additional support. Spot Netflows in September revealed consistent outflows, including $4.79 million on September 29.

Tron’s Futures data also aligned with this narrative. The Taker CVD revealed a dominance of buy orders, underscoring bullish leanings in leveraged trades. Speculative players placed their bets on higher spot prices. This synchronized with SunSwap’s activity surge and shrinking exchange balances. Together, these dynamics created a cluster of bullish indicators that elevated investor confidence.

Key Levels Could Unlock New Momentum

For TRX, holding the ascending trendline is non-negotiable. This foundation allows bulls to aim higher while keeping structure intact. A confirmed breakout above $0.37 would act like opening a floodgate. Traders would likely view this as validation of a fresh rally. The next target sits near $0.40, a psychological milestone with the power to energize sentiment further.

The market now watches three elements closely: transaction strength, exchange flows, and futures positioning. Each tells part of the story, but together they weave a picture of conviction. TRON is no longer just a platform for secondary use. Instead, it continues to solidify its reputation as a settlement network with lasting appeal. As long as buyers defend key support, the stage remains set for a potential breakout.

If momentum carries TRX beyond resistance, investor confidence could climb higher. The combination of strong fundamentals and positive technicals offers bulls a promising script. Whether the rally continues rests on the ability to turn resistance into opportunity.

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