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Tron (TRX) Bullish Momentum Analysis: Path to $0.3600 Amid Market Recovery

Tron (TRX) Bullish Momentum Analysis: Path to $0.3600 Amid Market Recovery

Author:
TRX News
Published:
2025-09-24 16:01:59
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[TRADE_PLUGIN]TRXUSDT,TRXUSDT[/TRADE_PLUGIN]

Tron (TRX) is demonstrating significant bullish momentum as cryptocurrency markets show signs of recovery, with current trading activity and technical indicators pointing toward potential upward movement. As of September 25, 2025, TRX is trading at $0.3456, reflecting a 1.24% increase, while boasting an impressive market capitalization of $32.72 billion and recording $1 billion in 24-hour trading volume. The cryptocurrency's technical setup reveals crucial resistance at the $0.3523 level, which market analysts identify as a key threshold that could trigger further gains toward the $0.3600 target if successfully breached. On the downside, support levels at $0.3450 and $0.3300 provide important buffers against potential corrections, offering traders clear risk management parameters. Despite some short-term bearish signals appearing in certain technical indicators, the overall sentiment surrounding Tron remains positive as the broader cryptocurrency market continues its recovery trajectory. The substantial trading volume indicates strong investor interest and liquidity, while the market capitalization position reinforces TRX's standing among major digital assets. Market observers note that Tron's performance is being closely watched as it navigates these critical technical levels, with successful突破 of the $0.3523 resistance potentially opening the door for extended gains in the coming trading sessions. The current market conditions, combined with Tron's fundamental strengths in the decentralized applications space, contribute to the optimistic outlook among cryptocurrency practitioners who see continued potential for growth despite the inherent volatility of digital assets.

Tron (TRX) Shows Bullish Momentum Amid Market Recovery

Tron (TRX) is gaining traction as market conditions improve, with technical indicators and sentiment analysis suggesting potential upside. The cryptocurrency trades at $0.3456, up 1.24%, with a $32.72 billion market cap and $1 billion in 24-hour volume.

Key resistance at $0.3523 could pave the way for a push toward $0.3600 if breached. Support levels at $0.3450 and $0.3300 provide downside buffers. Despite short-term bearish signals from moving averages, the broader trend remains optimistic.

Upbit to List SunPump’s SUN Token Amid Exchange Competition

Upbit, South Korea's leading cryptocurrency exchange, will list SunPump's SUN token on September 22, offering KRW and USDT trading pairs. The MOVE signals Upbit's aggressive strategy to maintain dominance as rival Bithumb gains market share.

The TRON-based SUN token serves as a governance instrument for SunPump's launchpad platform, enabling staking rewards, fee payments, and participation in new token launches. Since its August 2024 debut, SUN has secured listings on major global exchanges including Binance, Bybit, and KuCoin.

Exchange competition in South Korea's crypto market intensifies as Upbit accelerates its listing pace. The platform's decision mirrors industry trends where exchanges leverage token diversity to capture trading volume and user engagement.

PrimeXBT Expands Crypto Futures with 101 New Coins, Offering Competitive Trading Conditions

PrimeXBT, a global multi-asset broker, has significantly expanded its crypto Futures offerings by adding 101 new coins, including trending and niche altcoins. The new listings, paired against USDT, are categorized into sectors such as LAYER 1 & 2 protocols, DeFi, Meme tokens, AI projects, and more. This move solidifies PrimeXBT's position as a comprehensive platform for Crypto and CFDs, with industry-leading trading conditions.

The platform now supports a wide range of assets, from established coins like BTC and ETH to emerging tokens such as WLFI, which has recently garnered market attention. PrimeXBT's tiered risk framework includes defined lot sizes, exposure caps, and leverage up to 1:150 for altcoins and 1:500 for BTC, catering to diverse trading strategies with cross and isolated margin modes.

With fees starting at 0.045%, commission-free selections, and VIP discounts of up to 70%, PrimeXBT aims to provide one of the most cost-efficient and advanced crypto derivatives trading experiences. The expansion is backed by DEEP liquidity from leading exchanges, ensuring robust market access for traders.

TRON (TRX) Faces Bearish Pressure Amid Technical Consolidation

TRON's native token TRX declined 3.12% to $0.33, testing key support levels as technical indicators paint a mixed picture. The neutral RSI at 44.45 and bearish MACD momentum suggest traders are navigating uncertainty in the absence of fundamental catalysts.

Binance spot markets recorded $148.8 million in TRX volume, demonstrating sustained interest despite the price drop. The movement reflects broader market consolidation rather than TRON-specific developments.

Ether, Dogecoin Lead $1.5B Liquidation Wipeout as Bitcoin Slips Below $112K

Crypto traders faced a brutal reckoning as over $1.5 billion in Leveraged long positions evaporated during Monday's sell-off. The bloodletting hit altcoins hardest, with Ether plunging 9% to $4,075 at its nadir. Nearly half a billion dollars in ETH longs were liquidated alone.

Bitcoin showed relative resilience, dipping just 3% to $111,998 before paring losses. But the memecoin sector bled out spectacularly - Dogecoin cratered 10% while major altcoins like SOL, ADA, BNB and TRX all lost at least 5%.

The liquidation carnage spanned 407,000 traders according to Coinglass data, marking the most severe flush in months. Such forced position closures typically accelerate downward momentum as margin calls trigger cascading sell orders.

Seasoned traders watch liquidation spikes for sentiment extremes. Monday's long-dominated wipeout suggests panic selling, though such events often precede relief bounces. The data reveals where leverage became dangerously concentrated before the unwind.

Crypto Markets Slide as Major Tokens and Altcoins Tumble Over 10%

The cryptocurrency market opened the week under significant selling pressure, with Bitcoin (BTC) and Ether (ETH) leading a broad decline that liquidated $1.5 billion in leveraged positions. The downturn defied expectations of a dovish Federal Reserve interest rate cut, which typically weakens the dollar and fuels risk appetite.

Technical indicators now suggest a potential trend reversal. bitcoin has broken below its September uptrend channel, key support levels, and the 50-day moving average—a confluence of bearish signals. "This combination points to further downside unless macroeconomic sentiment shifts decisively," said FxPro's Alex Kuptsikevich.

Futures markets reflect growing pessimism. Open interest for top-20 tokens excluding BTC and HYPE collapsed by double digits, while Binance's USDT-margined BTC futures saw short positions climb to 276,000 BTC. Negative funding rates in TRX, ADA, LINK, TON, UNI, and SHIB futures underscore the bearish positioning.

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