On June 4, 2025, the TRON to United States Dollar (TRX/USD) pair created an ascending channel pattern on the 4-hour chart.
An ascending channel appears when the price moves between two upward-sloping, parallel trendlines, often showing a steady short-term uptrend.
If this pattern confirms with a breakdown below the lower red trendline, the price may drop 14 percent from the current price of $0.27400 to the projected target of approximately $0.23568.
Currently, TRX/USD trades near the upper half of the channel. The 50-period Exponential Moving Average (EMA), now at $0.27095, acts as dynamic support. Price action remains slightly above the EMA, but recent candles show decreasing momentum.
Additionally, volume has stayed low despite small upward movements. That suggests weakening buyer strength. If the price fails to hold the lower trendline support, sellers may take control and initiate a breakdown toward the $0.23568 zone, marked by the blue dotted line.
The structure remains valid until either a breakdown confirms or the price breaks above the upper channel boundary.
TRX/USD Directional Movement Index Shows Weak Trend Strength
On June 4, 2025, the Directional Movement Index (DMI) indicator for TRON to United States Dollar (TRX/USD) showed weakening trend momentum. The DMI is based on three lines: the Positive Directional Indicator (+DI, blue), the Negative Directional Indicator (−DI, red), and the Average Directional Index (ADX, orange).
As of the latest data:
-
+DI (blue) = 15.71
-
−DI (red) = 13.13
-
ADX (orange) = 10.61
An ADX value below 20 signals a weak or non-trending market. Currently, the ADX sits at 10.61, confirming low trend strength.
The +DI remains slightly above −DI, suggesting marginal bullish control. However, the small gap between them, combined with the low ADX, signals indecision and low conviction from both buyers and sellers.
Previously, the ADX spiked in mid-May when the price moved sharply upward. Since then, the indicator has declined steadily, showing that momentum faded over time.
If the ADX starts to rise again while +DI stays above −DI, it may indicate a new bullish trend forming. However, if −DI crosses above +DI with rising ADX, bearish pressure could increase. For now, TRX/USD remains in a low-volatility consolidation phase.
TRX/USD Relative Strength Index Nears Bullish Zone
On June 4, 2025, the Relative Strength Index (RSI) for TRON to United States Dollar (TRX/USD) stood at 59.02 on the 4-hour chart.
The RSI is a momentum indicator that measures the speed and change of price movements. It oscillates between 0 and 100:
-
Values above 70 indicate overbought conditions.
-
Values below 30 suggest oversold conditions.
-
A level near 50 shows neutral momentum.
Currently, the RSI remains below the overbought threshold but trends upward. This signals increasing bullish momentum.
The yellow line (moving average of RSI) reads 50.90, and the RSI line has crossed above it. This crossover often confirms strengthening upward pressure.
Additionally, RSI has consistently made higher lows since June 1. This structure supports potential bullish continuation unless the price sharply reverses.
If RSI pushes above 60 and holds, it may signal a stronger bullish phase. However, failure to break that zone could keep TRX/USD in range-bound movement.
