TRX Could Rally Toward $0.40 if It Clears $0.355 as Volume Cools and Futures Buying Rises

• Cooling volumes signal accumulation, not distribution.

• Critical breakout level: $0.355 — confirmation opens $0.373 and $0.40.

• On-chain and derivatives metrics (taker CVD, social dominance) support a bullish thesis.

TRX breakout watch: TRX consolidation above $0.355 could spark a rally toward $0.40. Read the technical, on‑chain, and social signals to act. (COINOTAG)

What is TRX doing during this cooling phase?

TRX is consolidating in a low‑volume accumulation phase that has historically preceded large rallies. The token shows an inverse head‑and‑shoulders and compressed volatility; a decisive close above $0.355 would validate a bullish continuation toward $0.373–$0.40.

How has TRX reacted to its cooling phase?

Since early October, TRON (TRX) has exhibited falling spot volumes and reduced volatility, a pattern typically associated with accumulation. Historical parallels from July 2021 and October 2024 saw similar volume compression before rallies exceeding 100% in subsequent months.

What factors could confirm TRX’s next breakout?

Confirmation requires sustained buying above $0.355, taker buy dominance in futures, and rising social sentiment. Traders should monitor daily closes above the neckline, increasing taker CVD, and social dominance for alignment before allocating significant capital.

Renewed momentum for TRX

On the daily chart, TRX is forming an inverse head‑and‑shoulders pattern with an ascending trendline since mid‑August. The neckline near $0.355 is the key pivot: a breakout and retest would target $0.373 and then $0.40.

At press time, TRX traded around $0.343, holding short‑term supports at $0.331 and $0.335. Each dip has found buyers, indicating demand beneath price and strengthening the reaccumulation thesis.

A confirmed break and daily close above $0.355 would signal that momentum has shifted to buyers and could mark the start of a multi‑week advance.

Source: TradingView

What’s backing the bullish setup?

Futures taker CVD (Cumulative Volume Delta) shows sustained buy‑side dominance across derivatives, indicating aggressive accumulation by leveraged traders. This activity suggests conviction among margin participants.

When taker buy dominance aligns with spot volume cooling, the market often prepares an impulse wave under reduced volatility. That alignment increases the probability of a clean breakout rather than a volatile, erratic move.

On‑chain and derivative signals together create a higher‑probability scenario for a bullish continuation if price respects the neckline and key supports.

Source: CryptoQuant (on‑chain derivatives data)

How is social sentiment influencing prospects?

Social dominance metrics from Santiment indicate a gradual uptick in TRX discussion, currently around 0.422%. Renewed social attention often precedes increased retail participation and can amplify breakouts when technical conditions align.

When on‑chain accumulation, derivatives buy pressure, and social momentum converge, probability of a clean upward impulse increases. Traders should watch social metrics for confirmation of retail follow‑through.

Source: Santiment

Can TRX see a full‑scale breakout?

TRX’s synchronized signals—volume cooling, inverse head‑and‑shoulders, and futures accumulation—collectively point to higher odds of a breakout. The decisive factor remains price action around the $0.355 neckline.

If buyers sustain momentum above that level and derivatives flows remain buy‑dominant, TRX could replicate past accelerations and advance toward the stated targets. Risk management and confirmation remain essential.

Frequently Asked Questions

What is the key level for a TRX breakout?

The critical level is $0.355; a daily close and retest above this neckline would confirm the inverse head‑and‑shoulders and likely target $0.373 then $0.40.

How should traders confirm a breakout?

Confirm with a sustained daily close above $0.355, rising taker CVD in futures, and growth in social dominance; combine technical confirmation with position sizing rules.

Key Takeaways

• Accumulation is present: Spot volume cooling often precedes institutional re‑entry and rallies.
• Neckline to watch: $0.355 — a clear breakout would open $0.373 and $0.40 targets.
• Confirm with data: Use taker CVD, daily closes, and social dominance for higher‑probability entries.

Conclusion

This TRX setup combines classic technical structure with on‑chain and derivatives confirmation and rising social interest, forming a high‑probability breakout scenario if price clears $0.355. Traders should wait for confirmation and use disciplined risk management as COINOTAG continues to monitor developments and update this coverage.

Sources cited (plain text): TradingView chart imagery, CryptoQuant derivatives data, Santiment social metrics.