Key Takeaways
Why is TRON showing signs of a potential reversal?
Because Active Addresses surged to 6.23 million while TRX rebounded from channel support, forming a bullish divergence.
What signals confirm growing bullish sentiment in TRX markets?
Taker Buy Dominance and a 1.49 Long/Short Ratio indicated that traders were positioning for a breakout above $0.3236.
The TRON [TRX] network witnessed an extraordinary surge in activity, with Daily Active Addresses skyrocketing to 6.23 million, the second-highest in its history.
This surge in participation came as TRX traded near $0.29, following a steady decline from its $0.36 local high at press time.
Additionally, the contrast between rising network activity and price weakness created a bullish divergence, hinting that the asset’s intrinsic value might be outperforming market pricing.
Historically, such divergences have marked reversal zones, and TRON’s ecosystem engagement could be setting the stage for a near-term recovery.
TRX eyes recovery from descending channel support
After several weeks of selling, TRX rebounded from the lower boundary of a descending channel that has acted as dynamic support since August.
The recent bounce near $0.29 signaled renewed buying interest. On the daily chart, RSI stood at 33.42, as of writing, close to the oversold zone where reversals often emerge.
This setup reflected accumulation efforts by traders defending this structure. However, for momentum to strengthen, TRX must close above $0.3236.
A breakout above that level could trigger a move toward $0.3533 and $0.37, completing a potential mid-term reversal pattern.
Source: TradingView
Taker buy dominance reinforces the bullish divergence
Futures market sentiment aligned closely with TRON’s improving technical and on-chain outlook.
The 90-day Cumulative Volume Delta (CVD) showed a clear dominance of Taker Buy Volume, meaning buyers are actively lifting sell orders rather than waiting for lower prices.
Such activity typically signals expectations of continued upside from both retail and institutional traders. In fact, the increase in aggressive buying coincided with TRON’s growing network usage—an alignment often seen ahead of trend reversals.
Sustained taker buy pressure could serve as the next short-term catalyst, driving TRX toward higher resistance levels.
Source: CryptoQuant
Long positions outweigh shorts as traders bet on a rebound
TRON’s Derivatives data further validated the growing bullish sentiment.
According to Binance’s Long/Short Ratio, 59.88% of positions are long while 40.12% remain short, creating a 1.49 ratio at press time. This meant that the majority of traders are anticipating a bounce from current support levels.
Such a dominant long bias often emerges near the end of major corrections, signaling that market participants expect a relief rally. This sentiment gains even more strength with the Taker Buy activity already in control.
On top of that, if Open Interest rises in tandem with this long bias, TRX could witness an accelerated push toward the $0.35–$0.37 region as momentum traders re-enter the market.
Source: CoinGlass
Is TRON ready for a bullish breakout?
TRON’s rebound from channel support, paired with surging active addresses, validated its bullish recovery setup. A daily close above $0.3236 would confirm the reversal and open a path to the $0.35–$0.37 zone.
The alignment of on-chain growth, taker buy dominance, and derivatives sentiment positioned TRX for a potential breakout if momentum holds.
