The post TRX January 16, 2026: Critical Resistance Test in the Uptrend appeared on BitcoinEthereumNews.com. TRX is maintaining a strong upward trend at the $0.31The post TRX January 16, 2026: Critical Resistance Test in the Uptrend appeared on BitcoinEthereumNews.com. TRX is maintaining a strong upward trend at the $0.31

TRX January 16, 2026: Critical Resistance Test in the Uptrend

TRX is maintaining a strong upward trend at the $0.31 level, approaching critical resistance barriers. With RSI at 67.91, momentum is peaking, but Supertrend’s bearish signal is keeping investors cautious – is this consolidation a harbinger of a major breakout?

Market Outlook and Current Situation

The TRX powering the Tron network is trading at the $0.31 level with a 1.27% rise in the last 24 hours. A clear uptrend dominance is observed in the daily timeframe, while 24-hour trading volume has reached $195.55 million, indicating sustained market interest. Although the price has fluctuated in a narrow $0.30-0.31 range, the overall trend structure continues unbroken. This movement aligns with the broader crypto market’s recovery wave led by Bitcoin; however, TRX gains extra momentum thanks to its own ecosystem dynamics, increasing stablecoin volumes, and DeFi integrations.

When examined in a multi-timeframe (MTF) context, a total of 12 strong levels have been identified across the 1D, 3D, and 1W charts: 2 supports and 3 resistances on 1D, 1 support and 3 resistances on 3D, and 3 supports and 4 resistances confluence on 1W. This dense level distribution signals that the price’s current position is at a strategic crossroads. Looking at the volume profile, supportive buying pressure is clarifying on bullish candles, while TRX spot analysis data reveals that retail investors are gradually strengthening their positions. Nevertheless, overall market volatility and macroeconomic uncertainties – such as US interest rate decisions – could impact TRX’s short-term trajectory.

TRX’s fundamental strength stems from the Tron blockchain’s high transaction speed and low fees. The dominance of stablecoins like USDT on the Tron network reinforces the token’s utility value. With the recent news flow being quiet, price movements are left entirely to technical factors; this creates an ideal environment for pure chartists. The current price holding above EMA20 ($0.30) confirms the short-term bullish structure, but Supertrend’s bearish signal at the $0.33 resistance puts trend reversal risk on the table.

Technical Analysis: Key Levels to Watch

Support Zones

The strongest support level stands out at $0.3068 (score: 72/100); this zone overlaps with daily pivot points and the 38.2% Fibonacci retracement level. If the price pulls back here, a quick buying reaction is logical – in the past, this level has been tested multiple times and held strong. The second critical support is at $0.2982 (score: 71/100); this region, providing confluence with volume-based support on the weekly timeframe, serves as the last line of defense in a potential deep correction. MTF analysis adds 3 additional support confluences on the 1W timeframe, enhancing the robustness of these levels. Investors monitoring TRX spot trades on the spot market can base their stop-loss strategies on these supports.

The strength of the support zones aligns with the 61.8% Fibonacci extension of the recent upward wave; if the price drops below $0.3068, it could signal the first breakdown of the trend. However, the lower band of the uptrend channel also reinforces these levels, so panic selling may remain limited.

Resistance Barriers

Leading the resistances is $0.3174 (score: 77/100); this level is strengthened by resistance confluence on 1D and 3D timeframes. Following it are $0.3123 (score: 74/100) and $0.3268 (score: 62/100) – especially $0.3174, coinciding with Supertrend resistance, has turned into a psychological barrier. In case of a breakout, the price could accelerate toward $0.3268; however, rejection could trigger a short-term pullback. The 7 resistance confluences on 3D and 1W in MTF emphasize the difficulty of breaching these barriers. For futures trading, following TRX futures analysis is critical for leveraged positions.

If volume increases during resistance tests, breakout probability rises; otherwise, false breakout risk exists. The upper band of the Ichimoku cloud also forms resistance around $0.3174, drawing a multi-layered defense line.

Momentum Indicators and Trend Strength

RSI (67.91) indicates strong bullish momentum but requires attention as it approaches the 70 overbought threshold. This level has not shown divergence in recent rises; thus, trend strength remains solid. The MACD indicator confirms the bullish crossover with a positive histogram – staying above the signal line shows buyers maintaining dominance. Short-term EMAs (EMA20: $0.30) play a supportive role below the price, while positioning above EMA50 and EMA200 reinforces the medium-to-long-term uptrend.

Supertrend is in bearish mode, pointing to the $0.33 resistance and issuing a potential trend reversal warning. ADX (average directional index) hovering around 25 indicates moderate trend strength – this reflects the consolidation phase before volatility increases. Although the Stochastic oscillator signals overbought at 80%, overall momentum is bullish-weighted. In MTF, the 1W RSI in the 60s confirms the big picture remains positive. Collectively, these indicators support an upward bias, but developing RSI divergence could signal weakening.

Risk Assessment and Trade Outlook

In the bullish scenario, a break above $0.3174 could unlock the $0.3423 target (score: 28); the risk/reward ratio calculated from the current $0.31, with a stop at the first support $0.3068, is approximately 1:10 – a highly attractive setup. On the bearish side, the $0.2791 target (score: 43) could be triggered by resistance rejection; reward from $0.31 is 0.0309 (~10%), with risk around 1:3 depending on the next resistance. The overall risk profile favors long bias as long as the uptrend continues; however, a Supertrend flip and RSI>70 divergence could create short opportunities.

The market outlook is cautiously optimistic: Volume confluence and MTF supports favor an upside breakout, but macro risks (regulation, liquidity tightening) leave the door open for downside surprises. Traders should use tight stops and partial profit-taking to manage volatility. In the long term, TRX’s ecosystem growth will support the trend; in the short term, the $0.3174 test will be decisive. In both scenarios, disciplined risk management is essential.

Strategy Analyst: David Kim

Macro market analysis and portfolio management

This analysis is not investment advice. Do your own research.

Source: https://en.coinotag.com/analysis/trx-january-16-2026-critical-resistance-test-in-the-uptrend

Market Opportunity
Tron Logo
Tron Price(TRX)
$0.3087
$0.3087$0.3087
+0.16%
USD
Tron (TRX) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Coinbase Joins Ethereum Foundation to Back Open Intents Framework

Coinbase Joins Ethereum Foundation to Back Open Intents Framework

Coinbase Payments has joined the Open Intents Framework as a core contributor, working alongside Ethereum Foundation and other major players. The initiative aims to simplify complex multi-chain interactions through automated solver technology. The post Coinbase Joins Ethereum Foundation to Back Open Intents Framework appeared first on Coinspeaker.
Share
Coinspeaker2025/09/18 02:43
SBI Holdings introduces SBI Hyper Deposit with XRP gifts and rate cuts

SBI Holdings introduces SBI Hyper Deposit with XRP gifts and rate cuts

The post SBI Holdings introduces SBI Hyper Deposit with XRP gifts and rate cuts appeared on BitcoinEthereumNews.com. Key Takeaways SBI Holdings has introduced ‘SBI Hyper Deposit’, automating transfers between bank and securities accounts. Launch incentives include XRP cryptocurrency gifts and reduced mortgage rates for early adopters. SBI Holdings launched “SBI Hyper Deposit,” a new service that automates transfers between bank and securities accounts. The Japanese financial services company is offering launch incentives including XRP gifts and reduced mortgage rates to customers who sign up for the automated transfer system. The service is designed to streamline the movement of funds between different SBI financial products, allowing customers to manage their banking and investment accounts more efficiently through automated transfers. Source: https://cryptobriefing.com/sbi-holdings-hyper-deposit-xrp-incentive/
Share
BitcoinEthereumNews2025/09/18 20:52
Two Prime selected to manage $250 million in bitcoin for Digital Wealth Partners

Two Prime selected to manage $250 million in bitcoin for Digital Wealth Partners

The institutional bitcoin manager expands its mandate as demand for professional risk-managed digital asset strategies grows.
Share
Coinstats2026/01/16 18:00