Crypto AnalyzenIn this post, I review the current technical outlook for TRX using the annual and monthly charts. After the strong 2024 rally and new all-time high, price action has shifted into a broader range, making the next major move dependent on several key levels and developing structures.
TRX currently holds 6th place in the TOP-20 CMC Index.
After a strong meteoric rise in 2024 and the formation of a new all-time high at 0.4500, price action during the following year developed within a wide annual range. The market tested the 23% Fibonacci retracement of the 2024 yearly move and briefly moved above 50% of the yearly candlestick tail.
At the current stage, it is difficult to define a clear scenario, but a rejection formation appears to be forming. If this structure confirms, the price may move below the 2026 and 2025 opening levels, testing at least the annual gap zone between the 2025 low (0.2011) and the 2021 high (0.18).
This area also aligns with the 62% Fibonacci retracement of the full 0.0068–0.45 range, creating a technically important support region to watch.
For now, I continue monitoring:
• reaction near yearly opening levels
• confirmation or invalidation of the rejection pattern
• price behavior around the annual gap zone
This is a scenario-based technical outlook, not financial advice. I will update this view as new monthly and yearly candles provide additional structure.