TRON (TRX) is approaching a crucial resistance level at $0,28, and analysts suggest a breakout here could ignite a rally toward the $0,35-$0,45 zone.

The TRX price is currently stuck at $0,262 mark, dropping 1,4% in a 24-hour period, but the slight pullback may only provide a short-term reaction to the upside outlook.

Bullish Momentum Builds Beneath Key Barrier

TRX has climbed nearly 10% over the past week, backed by a 24-hour volume of $1,66 billion and a market cap of $26,04 billion. The asset’s rising trendline remains intact, and investor interest continues to grow as TRX tests a level that has previously capped bullish momentum.

If bulls push through $0,28, it would confirm a technical breakout and could quickly drive the price toward $0,35 and even $0,45–both of which align with historical resistance and potential profit-taking zones.

Breakout or Rejection–What’s Next for TRX?

According to analyst Andrew Griffiths, the $0,28 mark has become a battleground for bulls and bears. A breakout backed by volume could trigger a wave of institutional and retail buying, reinforcing upward momentum.

However, failure to surpass this barrier may spark a pullback toward $0,22–a level tied to past bullish reversals. A drop below that could break TRX’s rising support trendline, flipping sentiment bearish and possibly fueling a round of short selling.

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