The important indicator of TRON shows that TRX is about to break out — Is it true?

TRON (TRX) is still trading within a narrow range, with Bollinger Bands tightening towards the levels set in early June — indicating that a strong volatility may be approaching.

Recently, TRX has bounced from the lower range near $0.26 and surpassed the middle range, which often indicates a shift towards accumulation.

At the time of writing, TRX is trading around $0.279 after increasing by 0.48% in the last 24 hours.

In the past, such compression phases near structural support often set the stage for decisive price movements.

Source: CryptoQuant## Smart money is quietly accumulating while retail investors remain cautious

In the past 30 days, the amount of TRX held by whales has increased by 9.55%, while the accumulation from medium-sized investors has surged by 45.49%. These trends reflect the growing confidence from large holders and average wallets — often referred to as "smart money."

Meanwhile, the number of small wallets only increased slightly by 2.54%, indicating that the confidence from the general market is still quite limited. Such divergence often appears before major fluctuations, as the positions of large institutions usually lead before prices expand.

Therefore, if retail investors start to participate and continue the buying momentum from large individuals/institutions, TRX may be preparing for a stronger upward trend.

Source: IntoTheBlock## Is the net flow of TRX stable after several weeks of continuous outflows?

After several months of witnessing prolonged outflows, the net inflow of TRX is currently showing signs of stabilizing. At the time of writing, the net inflow is at a nearly neutral level of approximately $495,010 — indicating a shift in market sentiment.

This stability comes after a series of sessions where the net outflow exceeded 10 million dollars, indicating that the sellers may have run out of steam. Although the neutral cash flow is not yet a clear bullish signal, it reflects a temporary balance between buyers and sellers.

Therefore, if the capital flow starts to flow back in while price volatility remains suppressed, this could reinforce a trend leaning towards a stronger bullish movement.

Source: CoinGlass## The increase in new wallets indicates growing interest

In the past week, the number of new wallets created on TRON increased by 2.79%, indicating growing interest from potential users or speculators.

However, the number of active addresses only increased slightly by 0.64% during the same period, reflecting the discrepancy between wallet creation and actual interaction levels.

This may indicate speculative interest or simply dormant wallets waiting for clearer signals from the market.

Therefore, TRX may need a stronger price increase to activate this potential user group. If the actual usage level starts to catch up with the rate of new wallet creation, the on-chain strength will further reinforce the bullish structure that TRX is exhibiting.

Source: IntoTheBlock## C****an market sentiment drive prices?

The social dominance index of TRX has increased to 0.948%, reflecting the growing number of mentions and discussions about TRX in the crypto community.

Although still lower than the peak of 1.4% reached in mid-June, this increase aligns with an increasingly clear accumulation process and a price pattern that is being tightly compressed. However, purely positive sentiment is rarely enough to sustain upward momentum.

If a breakout occurs while social attention remains high, it could trigger a buying wave from retail investors. Conversely, without clear confirmation from price action, this noise is likely to lead to overreactions in the short term.

Source: Santiment## Will TRX break out of the sideways range or continue to be suppressed under resistance?

At the time of writing, TRX is trading above the upward trend line and fluctuating just below the Fibonacci level of 0.786 at $0.2875.

The RSI index reached 55.15, indicating moderate bullish momentum, while the Bollinger Bands are constricted along with a higher low pattern showing increasing buying pressure.

These signals suggest that a bullish setup is forming. If TRX can confirm a breakout above the current resistance area, the price will move towards the Fibonacci extension target of 1.618 at $0.3178.

However, if it cannot breakout, the price may return to test support at the trend line. Currently, the market structure still leans towards an uptrend, but a decisive breakout is needed to confirm a sustainable increase.

Source: TradingViewIn summary, TRX is showing a solid technical structure, supported by accumulation activities from smart money and improving market sentiment. However, user interaction remains weak and the hesitation from retail investors still poses significant obstacles.

If the price breaks through the nearest resistance while trading volume and market participation increase, TRX may start a strong rally towards new price highs.

Until then, the prevailing trend remains sideways consolidation.

Dinh Dinh