TRX is trading near $0.33 as buyers continue to defend support within an ascending channel structure. The token was quoted around $0.3317 after recovering from a 16% decline from its May high, and recent gains have moved TRX back above its 7-day and 30-day moving averages.

The rebound remains limited by nearby resistance levels, while technical indicators show mixed momentum. Treasury purchases by Tron Inc. and heavy USDT activity on the TRON network are providing additional context for demand, but broader market conditions, including Bitcoin’s position near $64,640, remain a factor for TRX price action.

TRX Tests Support Inside Ascending Channel

Analyst Blockchain Rex identified $0.3320 to $0.3330 as an entry zone for TRX. The analyst listed upside targets at $0.3345, $0.3355, and $0.3364, with a stop at $0.3297 marking the level where the short-term setup would fail. That range sits close to the current TRX price, leaving a narrow distance between support and the first target.

The TRX/USD weekly chart presents a less decisive momentum picture. MACD stands at 0.006649, below its 0.008517 signal line. The histogram is negative at 0.001868, indicating that recent bullish pressure has weakened. Trading volume is about 3.103 billion tokens, without a clear surge alongside the latest candles. A stronger TRX breakout would likely require expanding volume and a positive MACD crossover.

Parabolic SAR also points to caution. Its latest reading of $0.3623 is above the TRX price, a setup that often reflects short-term bearish control. Even so, buyers have so far prevented a deeper move below the rising channel area. Holding $0.3297 keeps the immediate recovery structure intact, while losing that level could expose the token to the $0.30 region shown on the chart.

TRX has gained about 2.2% over seven days and recovered roughly 6% from its late-June lows. However, it remains around 11% below its May peak. The TRX price is also nearly 23% under its record high of $0.4313. Those gaps leave room for recovery while also showing the resistance that buyers still face.

Tron Inc. Adds 150,742 TRX to Treasury

Tron Inc. continues to add TRX to its digital asset treasury. Its latest disclosed purchase totaled 150,742 tokens at an average price of $0.3317. The transaction lifted the company’s reported holdings to more than 706.9 million TRX. Tron Inc. is following a 360-day accumulation plan involving roughly $50,000 in daily purchases.

Tron Inc. (NASDAQ: TRON) acquired 150,742 TRX tokens today at an average price of $0.3317, further increasing its TRX treasury holdings to more than 706.9 million TRX in total. The company aims to further grow its Tron DAT holdings to enhance long term shareholder value. For live…

— Tron Inc. (@TRON_INC) July 26, 2026

https://x.com/TRON_INC/status/2081203768390221895?ref_src=twsrc%5Etfw

Management said the strategy supports long-term shareholder value and reflects confidence in TRON’s utility. The company also publishes its treasury wallet for public monitoring, allowing transfers and future additions to be verified directly on-chain. Continued purchases add a steady source of disclosed buying, although the daily purchase size remains modest compared with overall market volume.

Corporate digital asset treasury plans have become a closely watched part of crypto market structure because they can turn balance-sheet policy into recurring token demand. In TRX’s case, the disclosed schedule and public wallet give traders a way to separate announced treasury accumulation from broader spot-market flows.

USDT Settlement Activity Remains High on TRON

Network activity provides a broader demand signal for the TRON blockchain. CryptoQuant estimates that TRON hosts about $90 billion in circulating USDT. Roughly $24 billion moves across the network each day through around 2.2 million USDT transactions.

This level of settlement activity reinforces TRON’s role in retail payments and stablecoin transfers. Lower transaction costs have also supported usage. Average fees have fallen about 65% year over year to nearly $0.49, making transfers cheaper for users in regions where small payments require low fees.

TRX is the native asset used within the TRON ecosystem, including for network resources and transaction costs, so sustained stablecoin settlement gives the token a clearer utility backdrop than price action alone. Stablecoin demand does not guarantee a TRX breakout, but it gives the token measurable network utility. The combination of treasury accumulation and stablecoin transaction volume remains part of the backdrop as TRX trades near short-term technical support.

Broader market conditions also remain important. Bitcoin trades near $64,640 after a 0.51% daily gain, slightly trailing the wider market. Short liquidations reached $5.49 million, suggesting that part of Bitcoin’s move came from bearish positions closing.

Holding $63,800 could support a move toward $65,500, while a break may expose $60,000. The Federal Reserve decision on July 29 is the next immediate market trigger. TRX price action may remain sensitive to that outcome this week, especially while technical momentum remains soft.