TRON (TRX) Rallies 0.42% as Nasdaq Debut Overshadows TVL Decline
Joerg Hiller Jul 25, 2025 03:03
TRX trades at $0.31 with 0.42% gains following Tron Inc.'s Nasdaq debut through $100M reverse merger, though $136M TVL decline signals underlying shifts.
Quick Take
• TRX currently trading at $0.31 (+0.42% in 24h) • TRON's RSI at 60.59 indicates neutral momentum with room for upside • Nasdaq debut through $100M reverse merger drives positive sentiment despite TVL concerns
What's Driving TRON Price Today?
TRON made headlines yesterday as Tron Inc. rang the Nasdaq Opening Bell following a significant $100 million reverse merger with SRM Entertainment. This landmark event positions TRON as a blockchain-driven entertainment and finance entity in traditional markets, providing institutional credibility that has supported the TRX price throughout the trading session.
However, the celebration comes with mixed signals. Despite the positive market debut, TRON's Total Value Locked (TVL) declined by $136 million ahead of the Nasdaq ceremony, indicating potential liquidity shifts within the ecosystem. This divergence between positive corporate developments and on-chain metrics creates an interesting dynamic for TRX price action.
The broader context shows TRON demonstrating remarkable resilience amid the recent altcoin market correction. While many alternative cryptocurrencies faced sharp declines, TRX maintained stability and even posted modest gains, highlighting its relative strength in challenging market conditions.
TRX Technical Analysis: Neutral Momentum with Bullish Undertones
Based on Binance spot market data, TRON technical analysis reveals a constructive setup despite mixed momentum signals. TRX's RSI currently sits at 60.59, placing it in neutral territory with ample room for upward movement before reaching overbought conditions.
The moving average structure supports the bullish narrative, with TRON's price of $0.31 trading above both the 50-day SMA ($0.29) and 200-day SMA ($0.26). This positioning indicates sustained upward momentum over multiple timeframes, providing a solid foundation for continued strength.
However, TRON's MACD histogram shows a slight bearish divergence at -0.0005, suggesting short-term momentum may be cooling. The MACD line at 0.0084 remains above the signal line at 0.0089, but the narrowing gap warrants attention for potential momentum shifts.
TRON's Bollinger Bands reveal TRX trading near the middle band at $0.31, with a %B position of 0.6480 indicating moderate bullish positioning without extreme overbought conditions.
TRON Price Levels: Key Support and Resistance
TRX resistance levels present clear targets for bulls. The immediate TRX resistance sits at $0.33, coinciding with the Bollinger Band upper limit. This level represents a 6.5% upside from current prices and aligns with recent trading range highs.
For TRON support levels, traders should monitor $0.28 as the first line of defense. This level corresponds to the Bollinger Band lower boundary and has provided solid support in recent sessions. Below this, TRON strong support emerges at $0.26, matching the 200-day moving average and representing a critical long-term support zone.
The TRX/USDT pair shows healthy volume at $300 million over 24 hours, providing sufficient liquidity for both entry and exit strategies around these key levels.
Should You Buy TRX Now? Risk-Reward Analysis
For swing traders, the current TRX price setup offers an attractive risk-reward profile. Entry near $0.31 with a stop-loss below $0.28 provides a 3% risk for potential 6.5% rewards targeting $0.33. The Nasdaq development adds fundamental support to this technical setup.
Day traders should focus on the $0.30-$0.32 range, utilizing the neutral TRX RSI reading for momentum plays. The 24-hour trading range between $0.30 and $0.32 provides clear boundaries for scalping strategies.
Long-term investors may find the current environment compelling, given TRON's institutional legitimacy through the Nasdaq listing and its resilience during market corrections. However, the TVL decline requires monitoring as it could impact future DeFi activity on the network.
Risk management remains crucial despite the bullish overall trend. The MACD histogram's bearish reading suggests potential short-term weakness, making position sizing and stop-loss placement essential components of any TRX strategy.
Conclusion
TRX price action reflects the complex interplay between positive corporate developments and on-chain metric concerns. The Nasdaq debut provides institutional credibility supporting near-term strength, while the neutral RSI leaves room for upward movement toward $0.33 resistance. Traders should monitor the $0.28 support level closely while keeping the TVL trend in perspective for longer-term positioning decisions.
Image source: Shutterstock.jpg)
