Key takeaways
Why is TRON showing signs of a potential reversal?
Because active addresses jumped to 6.23 million while TRX bounced from channel support, forming a bullish divergence.
What signals confirm the growing bullish sentiment in the TRX markets?
Taker call dominance and a long/short ratio of 1.49 indicated that traders were positioning for a breakout above $0.3236.
THE TRON (TRX) The network has seen an extraordinary increase in activity, with daily active addresses climbing to 6.23 million, the second highest in its history.
This increase in participation came as TRX traded near $0.29, following a steady decline from its local high of $0.36 at press time.
Additionally, the contrast between increased network activity and weak prices has created a bullish divergence, hinting that the intrinsic value of the asset could outperform market prices.
Historically, such divergences have marked reversal zones, and TRON’s engagement in the ecosystem could pave the way for a near-term recovery.
TRX eyes recovery after descending channel support
After several weeks of selling, TRX rebounded from the lower boundary of a descending channel that has served as dynamic support since August.
The recent rebound near $0.29 signaled renewed buyer interest. On the daily chart, the RSI stands at 33.42 at the time of writing, close to the oversold zone where reversals often occur.
This configuration reflects the accumulation efforts of traders defending this structure. However, for momentum to build, TRX must close above $0.3236.
A break above this level could trigger a move towards $0.3533 and $0.37, completing a potential mid-term reversal trend.
Source: TradingView
Buyer dominance reinforces bullish divergence
Futures market sentiment closely aligned with TRON’s improving technical and on-chain outlook.
The 90-day cumulative volume delta (CVD) showed clear taker buy volume dominance, meaning buyers are actively lifting sell orders rather than waiting for lower prices.
Such activity generally signals continued upside expectations from retail and institutional traders. In fact, the increase in aggressive buying coincided with TRON’s growing network usage, an alignment often seen before trend reversals.
Sustained buying pressure from takers could serve as the next near-term catalyst, pushing TRX towards higher resistance levels.
Source: CryptoQuant
Long positions outweigh short positions as traders bet on rebound
TRON 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 ratio of 1.49 at press time. This means that the majority of traders expect a rebound from current support levels.
Such a dominant long bias often appears near the end of major corrections, signaling that market participants are expecting a relief rebound. This feeling is strengthened even more with the Taker Buy activity already under control.
On top of that, if open interest increases alongside this long bias, TRX could see an accelerated push towards 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, coupled with an increase in active addresses, validated its bullish recovery setup. A daily close above $0.3236 would confirm the reversal and open the way towards the $0.35 to $0.37 zone.
The alignment of on-chain growth, dominance of takers and derivatives sentiment have positioned TRX for a potential breakout if momentum holds.
