Tron has been trading in an ascending triangle since early 2025, with price currently experiencing a pullback from recent highs. The cryptocurrency is currently trading at around $0.24421769, having retreated from the resistance level at $0.25179321.
This pullback comes after a period of sustained growth, with the ascending trendline that began in February 2025 providing consistent support for price action. Price has respected this trendline on multiple occasions, including a significant bounce in late March. If the current pullback continues, the trendline now suggests support around the $0.235 level.
Additionally, the 100 SMA (blue line) and the 200 SMA (red line) are positioned below the current price, with the 100 SMA above the 200 SMA, confirming that the path of least resistance remains to the upside. The 100 SMA currently sits around $0.243, potentially serving as immediate dynamic support, while the 200 SMA at approximately $0.238 could act as a stronger support if the pullback deepens.
Tron Technical Indicators
The stochastic oscillator is currently heading downward from the overbought region, suggesting that Tron bearish momentum is building in the short term. The oscillator has room to decline before reaching the oversold territory around the 20 level, indicating that the correction might continue before finding a bottom.
Previous instances where the stochastic reached oversold conditions (shown in the lower panel) have generally coincided with price bounces off the main trendline or key support levels.
Meanwhile, the MACD (represented by the blue and orange lines in the middle panel) shows a narrowing gap between the signal line and the MACD line, potentially setting up for a bearish crossover. This technical formation would further confirm the short-term downward pressure.
However, the MACD histogram bars are still relatively small, suggesting that the selling pressure, while present, isn’t overwhelmingly strong yet.
The oscillators collectively point to a short-term Tron correction within the context of the broader uptrend, with potential for the pullback to continue until reaching stronger support levels or until the stochastic reaches oversold territory.
Potential Tron Price Scenarios
A bounce of the ascending triangle top could lead to another dip to the support or a break lower, which could then spur a downtrend that’s the same height as the chart formation. This spans around $0.5000 so the resulting drop could be of the same size.
On the upside, if Tron successfully defends the current support zones and the stochastic begins turning from oversold territory, price could resume its uptrend trajectory. In this bullish scenario, the first target would be retesting the recent high of $0.25179321. A successful break above this resistance could open the path toward the $0.26 psychological level and potentially establish new highs for 2025.
From a fundamental perspective, Tron continues to benefit from growing adoption of its blockchain for decentralized applications and smart contracts. Recent improvements in transaction speeds and reduced fees have contributed to increased network activity. However, as with most cryptocurrencies, Tron remains sensitive to broader market sentiment and regulatory developments.
Traders should watch for potential reversal candlestick patterns at key support levels, particularly around the 100 SMA and the ascending triangle support, which could signal opportunities to enter long positions in alignment with the prevailing uptrend.
