TRON (TRX) Price Prediction for August 10, 2025: TRX Consolidates Below $0.34 After Strong July Rally
After a strong rally from late June’s $0.27 base, TRON price is consolidating just below the $0.34 level, where resistance has formed following repeated intraday rejections. The move comes after TRX cleared multiple higher-timeframe breakout levels in July, supported by a bullish trend structure and rising spot demand. However, short-term technicals show early signs of cooling momentum.
What’s Happening With TRON’s Price?
On the daily chart, TRON price today holds above the ascending trendline that has guided price since March. The breakout from the $0.31–$0.32 supply zone in late July shifted market structure bullish, with price now retesting the breakout area as support. The next major resistance sits at $0.349–$0.352, where sellers have been defending aggressively.
Liquidity map data shows that recent highs near $0.349 triggered partial profit-taking, with spot netflow data from August 9 revealing $2.95M in outflows — a sign of capital rotation from exchanges into self-custody, typically bullish for medium-term positioning.
Why TRON Price Going Down Toda…
The post TRON (TRX) Price Prediction for August 10, 2025: TRX Consolidates Below $0.34 After Strong July Rally appeared first on Coin Edition.
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TRON (TRX) Price Prediction for August 10, 2025: TRX Consolidates Below $0.34 After Strong July Rally
After a strong rally from late June’s $0.27 base, TRON price is consolidating just below the $0.34 level, where resistance has formed following repeated intraday rejections. The move comes after TRX cleared multiple higher-timeframe breakout levels in July, supported by a bullish trend structure and rising spot demand. However, short-term technicals show early signs of cooling momentum.
What’s Happening With TRON’s Price?
On the daily chart, TRON price today holds above the ascending trendline that has guided price since March. The breakout from the $0.31–$0.32 supply zone in late July shifted market structure bullish, with price now retesting the breakout area as support. The next major resistance sits at $0.349–$0.352, where sellers have been defending aggressively.
Liquidity map data shows that recent highs near $0.349 triggered partial profit-taking, with spot netflow data from August 9 revealing $2.95M in outflows — a sign of capital rotation from exchanges into self-custody, typically bullish for medium-term positioning.
Why TRON Price Going Down Toda…
The post TRON (TRX) Price Prediction for August 10, 2025: TRX Consolidates Below $0.34 After Strong July Rally appeared first on Coin Edition.
Read More
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