TRON’s KEY metric points to a possible TRX breakout – Assessing odds…
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TRX held firm above its trendline as whales and investors accelerate accumulation. Wallet activity and exchange flows stabilized, hinting at reduced sell pressure and latent user interest. TRON’s [TRX] price continues to trade within a tight range, with Bollinger Bands narrowing to levels last seen in early June, suggesting a volatility-driven move may be close. TRX recently rebounded from the lower band near $0.26 and moved above the mid-band, which often signals a shift toward accumulation. At the time of writing, TRX traded around $0.2775 after climbing 0.72% in 24 hours. Historically, such compression near structural support sets the stage for decisive price action. Source: CryptoQuant Smart money builds positions while retail remains cautious Over the past thirty days, whale holdings have increased by 9.55%, while investor accumulation has soared 45.49%. These trends reveal heightened confidence from large holders and mid-tier wallets, often labeled as smart money. Meanwhile, retail wallets have only grown by 2.54%, reflecting limited conviction from the broader market. This kind of divergence often appears before major moves, as institutional positioning typically precedes price expansion. Therefore, TRX could be setting up for a stronger trend if retail follows through and joins the buying momentum established by larger players. Source: IntoTheBlock Have netflows finally stabilized after weeks of steady outflows? After persistent outflows in recent months, TRX’s netflows appear to be leveling off. At the time of writing, netflows hovered near neutral at $495.01K, indicating a shift in sentiment. This stabilization comes after numerous sessions where outflows exceeded $10 million, suggesting that sellers may be exhausted. While neutral flows aren’t a direct bullish signal, they reflect a temporary balance between buyers and sellers. Therefore, if inflows begin rising again while compression continues, it could validate a stronger bullish bias. Source: CoinGlass Rising wallet creation hints at growing interest—but…
Filed under: News - @ July 1, 2025 4:27 am