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TRX has broken a key pattern on the chart, putting a move toward $0.33 back on the table.
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Analyst claims Tron’s stability, strong wallet activity and steady USDT flow continue to support a bullish outlook.
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The EV2 token presale is gaining traction fast and is drawing fresh interest from investors.
While most altcoins spent last week absorbing heavy losses, Tron (TRX) remained in a tight range between $0.28 and $0.31, experiencing only a 1% drop. This stability has given traders strong optimism for the altcoin as we enter a new week.
Tron’s price action has further printed a clean inverse head and shoulders, pushing above a descending trendline that held for weeks. This backs the optimism for a stronger price reversal. But where will Tron end the year?
Technical Breakout Structure Points to a Bullish Direction
As of this writing, TRX is trading at $0.2940 per the 4-hour chart. This price action puts Tron’s price above a trendline that has capped every rally since late October. The price has also printed a clean inverse head and shoulders pattern. The left shoulder, the deeper head, and the right shoulder align without distortion, a pattern rare to find, especially in a choppy market.
Breaking above the inverse head and shoulder pattern, puts the resistance zone directly in play. Since this setup is highly considered bullish, traders are waiting to see volume spike to get back in the move.
A strong close above the resistance zone at $.03100, would spark fresh confidence supporting a stronger recovery. However, the long-term descending line still sits at $0.33 and could act as the next resistance. But nonetheless, short-term control has shifted to buyers.
TRX forms a clean bullish Inverse Head and Shoulder Pattern with breakout already taking place | Source: TradingView
Multichain Growth Reinforces the Case for Higher Targets
TRON also exhibits strong fundamentals, giving the bullish technical outlook a firm base. For instance, Stablecoin activity remains dominant while the chain processes a significant volume of USDT stablecoin, rivaling other networks.
Data by DefiLlama for instance shows the network recorded 1.72% stablecoin market cap change, reaching $79.336b. USDT dominates with 98.54% market share.
The Avail Nexus upgrade is also changing the platform’s reach. TRON now functions as a liquidity passageway between multiple chains. Apps that once stayed within TRON’s walls can now scale outward with fewer barriers.
Based on these metrics, TRX could rise to $0.80130 by 2026. Strong institutional flows, well-established stablecoin rails, and a multichain environment attracting both developers and users could serve as the potential drivers for such a rally. However, the short-term target sits at $0.31 with the next possible level at $0.33.
EV2 Presale Draws Heavy Early Attention
Investors seeking early-stage upside are also moving toward presales with stronger narratives. Amongst these presales, EV2 has become one of the names circulating heavily in these discussions.
The EV2 token presale has already cleared 46.18 million tokens, raising more than $431,3800 out of the possible $500,000. EV2 presale price sits at $0.01, attracting both gamers and crypto investors. Early adopters can use ETH, BTC, SOL, BNB, select stablecoins as well as credit card to purchase the token.
Why is the EV2 token presale gaining traction so fast?
EV2 token is set to serve as the primary token for the Earth Version 2 in-game economy. This game is a Web3-based MMO looter-shooter game offering an immersive experience to players while allowing them to earn rewards in form of EV2 token. Players can use this token to upgrade suits and gain access to exclusive battles.
The game features several modes. For instance, its “Fracture Mode” pushes players into a survival setting where they collect luminous cubes, chase artifacts, and compete for token-based rewards. The system ties every action into the EV2 token economy, supported by NFTs that unlock in-game advantages. It avoids the repetitive cycle that tanked earlier play-to-earn experiments.
Analyst Notes TRX’s Stability During Recent Market Slump
Analysts monitoring the recent market drop recorded a clear divide between TRX and the major altcoins. Meghan Crypto, for instance, highlighted that TRX absorbed the recent market drop that saw BTC drop below $94,000 better than other top-cap altcoins.
https://x.com/Meghan_Crypt/status/1990370968921940164
Instead, Tron maintained a narrow band and remained calm despite forced liquidations. On-chain data has further backed Tron’s stability, as per Meghan. TRON’s daily active wallets recently surpassed 11 million and stay at a high level. USDT flows still dominate the chain, with roughly $80 billion moving through the network daily during peak volume.
On the other hand, JustLend, the network’s lending protocol, holds a total value of billions and continues to deliver stable yields between 8% and 12%. This, combined with the network performance, strengthens Tron’s breakout argument on the chart.
Price Outlook: Can TRX Secure $0.33?
At the moment, TRX has proved to be resilient even under broader market pressure, recorded significant user engagement, and received a new burst of attention as EV2 presale continues to attract more investors to the ecosystem. If the market’s sentiment stabilizes and TRON continues to benefit from high-volume stablecoin flows, $0.33 could become a realistic checkpoint rather than distant speculation.
EV2 Token Presale
Website: https://ev2.funtico.com/
Telegram: https://t.me/EV2_Official
X (formerly Twitter): https://x.com/EV2_Official
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
