- TRON (TRX) rebounds to retest breakout zones, showing bullish strength with a rounded base pattern and potential for a $0.3100 target.
- A $210M reverse merger with Nasdaq-listed SRM propels TRON into a wider market, signaling institutional interest and strategic growth.
- TRON’s multi-year symmetrical triangle breakout suggests momentum toward $0.3900, with Fibonacci projections hinting at long-term upside.
TRON (TRX) is now showing clear signs of structural strength following a prolonged accumulation phase. With a reverse merger making headlines and price patterns confirming, the asset is gaining attention from both retail traders and institutional participants. The chart is not only active, it is telling a story of potential continuation.
TRON is Retesting Breakout Zones as Momentum Builds
TRON’s daily chart now displays a distinct, rounded base pattern that started forming in early January 2025. This setup matured over time and was confirmed when TRX broke above its neckline at $0.2900. However, price is now back at $0.2702, dipping slightly below the neckline in what appears to be a retest phase. This is typical behavior in bullish continuation patterns. When prices return to test the breakout level and hold, it can act as a launchpad for the next leg up.
The corrective zone between $0.2650 and $0.2750 is now in focus. This is where TRON may consolidate before another move upward. A push to $0.3100 is part of the anticipated trajectory; if momentum continues, follow-through objectives at $0.3400 and $0.3600 are probably going to be relevant. The key support to watch now is $0.2600. If that holds, the handle portion of the pattern will be complete and could trigger a stronger continuation wave. TRON is moving with a rhythm, and its higher lows show that bullish sentiment is still intact.
At the same time, external developments are supporting the price action. TRON recently entered Wall Street via a $210 million reverse merger with Nasdaq-listed SRM Entertainment. That announcement lifted TRX by nearly 4% in under 10 minutes. The news is not just about going public—it’s about entering a new arena where political figures and financial institutions are also watching.
Will Macro Structure Lead to Multi-Year Highs?
TRON is not just making short-term moves. The token is also continuing a breakout from a multi-year symmetrical triangle that began forming in 2022. The pattern broke decisively above resistance in early 2025. The price is currently getting close to its next significant mark, which is about $0.3900 and corresponds to the 261.8% Fibonacci extension.
Previous cycles’ shift from $0.0091 to $0.1120 laid the groundwork for the current aim, which is close to $1.11. That projection remains valid as long as the price maintains its breakout trajectory. Momentum is steady, with few signs of exhaustion. When looking at how TRON handled past expansions, the current trend still fits the mold.
Now, the question is whether buyers will step in to push the price through the next resistance. Structure is strong, volume is rising, and the market mood is shifting. If this setup continues to play out, TRON may be entering a new phase of price discovery—and it is doing so with clarity, not hype.
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