TRX’s price on the monthly chart appeared to be bullish as it broke out after four months of strong consolidation formed around the key support level of $0.2718. The chart further showed that TRX’s March gains may be ending its prolonged bearish trend, which it has followed since August 2025.

If TRX continues to trade above the key support level of $0.2718, it might have strong potential to reach the $0.3711 and $0.4485 levels in the coming days. However, a price reversal is also possible if the crypto fails to hold this key level. In such a scenario, TRX may register a sharp sell-off and could drop to the $0.2031 and $0.15 levels.
On the weekly chart, TRX appeared to be facing strong resistance from a descending trendline. If the asset fails to break this key hurdle, it could move south and revisit the $0.2718-level. Furthermore, if the price falls below $0.2718, it may see a significant decline towards $0.2031 or even lower.

TRX’s upside rally could only be possible if it breaks out of the descending trendline and closes the weekly candle above the $0.3120 level. If it does, the altcoin could witness a strong price surge and may reach the $0.3711 and $0.4485 levels in the coming days.
Worth pointing out, however, that the technical indicator flashed a bearish signal for the asset. On the weekly chart, the Supertrend indicator was in the red zone, indicating that the overall trend was still negative. It hinted at sustained downside pressure unless a clear reversal occurs.
On the contrary, on the Bollinger Bands, it appeared that TRX’s price was at the upper boundary of the bands. This alluded to potential overbought conditions while increasing the likelihood of a short-term price correction or consolidation.
