TRON’s ecosystem continues to expand as the network’s total value locked (TVL) reaches a new all-time high, while the TRX price consolidates within an ascending triangle pattern approaching its apex.
The growing on-chain activity reflects TRON’s increasing role in stablecoin payments, with the blockchain processing more than $2 trillion in transfers and supporting an $86 billion circulating USDT supply in Q1 2026 alone. As fundamentals strengthen and the technical setup tightens, traders are watching whether TRX can break out of the pattern and extend its upward momentum.
TRON is testing the 50-day moving average
TRON is currently testing the 50-day moving average at $0.33 after rebounding from the $0.31 support level for the second time, showing that buyers continue to defend this key price zone. As shown in the chart, TRX is forming a double bottom pattern, a bullish reversal structure that often appears after a period of decline and signals a potential shift in market momentum.
TRX trades inside a double bottom pattern
A double bottom pattern forms when the price falls to a support level, rebounds, and then retests the same area before recovering again. The repeated defense of the $0.31 zone suggests that selling pressure is weakening, while buyers are stepping in to prevent further downside. The pattern creates a “W-shaped” structure, with the neckline acting as the key resistance level that needs to be broken for confirmation.
If TRX successfully breaks above the neckline with strong trading volume, the double bottom breakout could signal the start of a broader recovery. The upside target is typically measured by calculating the height of the pattern and adding it to the breakout point, potentially opening the path for further gains. However, failure to reclaim the neckline could delay the bullish setup and keep TRX trading within its current range.
Eco-partnership gives TRON stablecoin dominance
Adding to TRON’s growing stablecoin dominance, the network has integrated with Eco to enhance cross-chain stablecoin liquidity. The integration comes as TRON continues to see strong adoption, processing more than $2 trillion in transfers and supporting an $86 billion circulating USDT supply in Q1 2026 alone.
Through Eco’s unified stablecoin network, users can deposit stablecoins into TRON applications within seconds, while developers gain access to seamless liquidity flows across multiple blockchains. This strengthens TRON’s role as a key infrastructure layer for stablecoin payments.
TRX is currently sitting on a long-term ascending trendline that has acted as a strong support zone since the 2024 market bottom. Historically, every major retest of this structure has triggered a bullish reaction, with the first breakout sending TRX up 192% to $0.44, followed by another move of 38% to $0.37.
Now, TRX has returned to this trendline support near $0.33, creating another potential accumulation zone for buyers. The repeated defense of this level suggests that bulls continue to view the trendline as a key area to protect, preventing a deeper correction.
With TRX also forming an ascending triangle pattern, the setup points toward a possible continuation of the broader uptrend. A breakout would likely occur once buyers gain enough momentum to push the price above the horizontal resistance level, triggering increased buying pressure as traders enter on confirmation.
If the breakout succeeds, the measured move of the ascending triangle could open the path toward new highs, while the previous reactions from the trendline suggest that another strong rally could be possible. However, maintaining support above the $0.33 trendline remains crucial for the bullish structure to remain intact.
