TRON（TRX）在测试临界电阻区域时又重新成为聚光灯

TRON（TRX）重新成为焦点，因为它测试了一个临界电阻区，左右为0.25美元。尽管在过去几个月中反复拒绝此级别

Tron (TRX) is back in the spotlight as it tests a critical resistance zone at $0.25. This level has seen five previous rejections from

TRON（TRX）重新成为聚光灯，因为它测试了一个0.25美元的关键阻力区。这个级别已经看到了以前的五个拒绝

trx/usd in recent months, as highlighted in the chart above.

近几个月中的TRX/USD，如上图中所强调。

Zone 1 saw the sharpest price drop of 19% to $0.21 after failing at $0.25, while Zones 2 and 3 triggered smaller pullbacks.

第1区的价格最高的价格下降了19％，至0.21美元，而$ 0.25，而2和3区则触发了较小的回调。

This zone has proven to be a reliable selling zone for swing traders. However, the current setup is notably different.

事实证明，该区域是摇摆交易者的可靠销售区。但是，当前的设置截然不同。

Trx coin has established a strong ascending trendline since mid-March, marking consistent higher lows—a signal of bullish accumulation.

自3月中旬以来，TRX硬币已经建立了强劲的上升趋势线，标志着较高的低点，这是看涨的积累信号。

The test of $0.25 occurs with clear structural support underneath, increasing the odds of a breakout. A confirmed daily close above $0.255 with volume would validate a breakout, setting targets at $0.28–$0.30.

$ 0.25的测试发生在下面的明确结构支持的情况下，增加了突破的几率。确认的每日关闭以上$ 0.255的数量将验证突破，将目标定为0.28– $ 0.30。

Conversely, if trx fails here again and breaks below the ascending trendline (~$0.245), expect a pullback toward $0.235 and potentially $0.21.

相反，如果TRX再次在此处失败，并且在上升趋势线以下（〜$ 0.245），则预计回调到0.235美元，可能为0.21美元。

On-Chain Analysis: Whales Hold Steady, Network Robust

链分析：鲸鱼保持稳定，网络稳健

Whale activity, visualized in the large holders netflow chart, indicates minimal changes in holdings. After major inflows earlier in the year, recent data shows a net positive inflow of around 126 million Tron crypto, with whales increasing their holdings slightly over the past month.

鲸鱼活动在大型持有人的NetFlow图表中可视化，表明持有量的变化最小。在今年早些时候的主要流入后，最近的数据显示，净正流量约为1.26亿TRON加密货币，在过去一个月中，鲸鱼的持有量略有增加。

Ownership data confirms that whales control nearly 72% of trx coin price supply, with no signs of distribution.

所有权数据证实，鲸鱼控制了近72％的TRX硬币价格供应，没有分配迹象。

Liquidity remains solid. Token volume peaked at $2.75 billion in January but has since cooled to around $500 million to $700 million daily.

流动性仍然稳定。 1月份的代币量达到了27.5亿美元的峰值，但此后每天冷却至5亿美元至7亿美元。

While momentum is subdued, the liquidity base remains strong, supported by TRON’s (TRX) TVL of $5.1 billion and its near-total dominance in the TRX/USDT stablecoin market.

尽管势头柔和，但流动性基础仍然很强，在TRON（TRX）TVL的支持下为51亿美元，其在TRX/USDT Stablecoin市场中的几乎全部优势。

Derivatives metrics add to the cautious optimism. Open interest has stayed stable between $220 million and $240 million, and funding rates have recently flipped positive, suggesting growing interest from long traders. The lack of major liquidations in recent weeks indicates a balanced market without excessive leverage.

衍生品指标增加了谨慎的乐观。开放利息一直保持稳定在2.2亿美元至2.4亿美元之间，并且筹资利率最近倾向于阳性，这表明长期交易者的利息日益增加。最近几周缺乏重大清算，表明市场平衡而没有过多的杠杆作用。

Active account data shows consistent user engagement, with 2.5 to 3 million daily active accounts—a crucial sign of organic network demand.

活动帐户数据显示了一致的用户参与度，每天有2.5至300万个活动帐户，这是有机网络需求的关键迹象。

In summary, the on-chain picture shows no red flags. Whales are holding firm, liquidity is deep, and user engagement remains high. While the immediate trigger for a breakout is missing, the foundation for a sustained move is solid.

总而言之，链上的图片没有危险信号。鲸鱼保持牢固，流动性很深，用户参与仍然很高。尽管缺少突破的直接触发因素，但持续移动的基础是坚实的。

The USDT data supports this, showing that TRON remains the top blockchain for USDT, with over $73 billion in stablecoin market cap and 99%+ dominance. This deep USDT integration ensures high liquidity and constant network usage, making TRON’s fundamentals even stronger.

USDT数据支持了这一点，表明Tron仍然是USDT的顶级区块链，超过730亿美元的Stablecoin市值和99％以上的优势。这种深厚的USDT集成确保了高流动性和持续的网络使用情况，从而使Tron的基本面变得更加强大。

Conclusion:

结论：

TRON’s technical chart signals a familiar battleground at $0.25 to $0.26, with historical resistance holding strong. However, this time the backdrop is different: the ecosystem has matured, liquidity is deep, and whale confidence is intact.

Tron的技术图表标志着一个熟悉的战场，价格为0.25美元至0.26美元，历史阻力保持强劲。但是，这次背景是不同的：生态系统已经成熟，流动性很深，鲸鱼的信心是完整的。

While volume needs to ramp up to break through resistance decisively, the overall outlook leans cautiously bullish.

虽然数量需要逐渐增加，以果断地打破抵抗，但整体前景却谨慎看涨。

Traders should keep a close watch on volume spikes and any daily close above $0.26 as confirmation for a move toward $0.30 in the coming month.

交易者应密切关注量峰值的观察，任何每天都在0.26美元以上的每日关闭，以确认下个月迈向0.30美元。