TRX faces $0.30–$0.31 support as rising wedge points to $0.15 risk

TRON’s TRX is approaching a technical inflection point as a rising wedge on the daily chart suggests weakening bullish momentum. Crypto analyst Crypto With Gopal identified $0.30–$0.31 as critical support: a break below it could accelerate selling and send TRX toward $0.15. A move above the $0.36–$0.38 resistance band would invalidate the bearish setup and potentially open a path to $0.45. The market is also watching institutional accumulation. Tron Inc., the technology company behind the TRON blockchain platform, recently bought 146,214 TRX at an average price of $0.3420, lifting its treasury above 710.9 million tokens. The company said it plans to continue expanding its holdings through Tron DAT, a trust structure designed to hold large amounts of TRX and provide institutional exposure. TRX was trading at $0.3451 at press time, with 24-hour volume of $998.03 million, a market capitalization of $32.75 billion and a daily gain of 1.49%. Future Tron Inc. purchases could be viewed as signals of continued confidence, while traders focus on the $0.30–$0.31 support and $0.36–$0.38 resistance zones.

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