TRX Price Staring to Show Some Life as It Accumulates Liquidity

In the last installment of our crypto analysis series, we discussed TRON's frustratingly slow but steady movement on the daily chart. I mentioned that it was accumulating liquidity—and that statement still stands.

If you take a broader view and examine the chart in more detail, you'll notice something evident: TRX is in a full lateral accumulation phase. It's not in a hurry to reach any particular destination.

Price has been accumulating liquidity on both the upper and lower sides like it's preparing for something …but it's refusing to give us the signal just yet.

And if you ask me, TRON is one of those coins that demands patience. It doesn't move quickly, even on the daily chart. But when it does move, it makes it count.

Let's Talk About the TRON Project (Real Quick)

TRON isn't just another smart contract platform lost in the vast sea of Layer-1s. It was founded by Justin Sun, and while it has had its fair share of drama, the project itself is entirely focused on decentralizing the web.

It runs a high-speed, scalable infrastructure for dApps and DeFi, and it boasts some serious throughput—we're talking 2,000+ TPS with nearly zero fees. Oh, and it's behind USDT-TRC20, which plays a crucial role in stablecoin transfers between exchanges.

I once tried transferring USDT via TRON to avoid Ethereum's high gas fees—and it felt like I'd discovered a cheat code. It was rapid, inexpensive, and completed quickly.

The Chart: Liquidity Above & Below, Supply Lurking

Now, let's return to the chart.

TRX has been moving sideways for several weeks, creating a classic double-edged setup—liquidity is present both above and below the current price. It's like price is baiting both sides of the market. Retail traders who are long and short are being played by this setup.

Above the current price, we have a supply zone waiting to be tapped into.

If price pushes up and strikes that zone, I wouldn't be surprised to see a minor rejection. It won't be anything dramatic, but just enough to trigger some stop-loss orders and fakeouts.

Below the current price, we have more liquidity, and if the market decides to take a detour before the real move, that's the pool I'll be watching.

So What Now?

To keep it simple: wait and see.

I know, no one wants to hear that. But with TRON, rushing never pays off. Price is setting up for something interesting, and whether it's a sweep to the upside or a fakeout down, we need confirmation, not speculation.

If price strikes that upper supply zone and reacts accordingly, that could be an opportunity for a short-term scalp. Or, if we see a clear structure shift after a liquidity grab, that's the type of entry I prefer to await.

But remember, none of this is guaranteed. These are possibilities, not certainties. The market does what it pleases, and it does it on its own terms.