TRON (TRX), one of the most recognized altcoins in the crypto market, is facing potential downside pressure after weeks of sideways movement. Despite maintaining a generally bullish market structure, recent price action, declining volume, and key technical signals suggest that a correction may be near. Analysts are watching closely for a 4%–5% dip, with $0.236 emerging as a likely short-term target.

After failing to break above a critical resistance zone, TRON’s price appears vulnerable to a retracement. A deeper dive into recent technical patterns and liquidation data reveals why traders should be on high alert.

TRX Stuck at Mid-Range Resistance

TRON’s price action in recent weeks has been defined by repeated attempts to breach the $0.248 resistance level. This zone lies near the midpoint of the broader trading range TRX has been moving within for much of 2025. That range extends from $0.222 on the lower end to approximately $0.255 on the upper end.

Despite multiple efforts, bulls have not been able to flip the $0.248 level into support. Without a decisive breakout above this threshold, the likelihood of a pullback grows stronger with each rejection. For three weeks now, the altcoin has consolidated below this barrier—a sign that buyer momentum is weakening.

Momentum Indicators Show Cracks

From a technical standpoint, TRON’s daily Relative Strength Index (RSI) has remained above the neutral 50 level since March. Ordinarily, this would signal bullish momentum. However, RSI alone isn’t telling the full story in this case.

The On-Balance Volume (OBV), a metric that tracks cumulative buying and selling pressure, has been on a slow decline since mid-April. This divergence between a stable RSI and falling OBV indicates that the underlying demand supporting TRX’s price is weakening, even as the price attempts to climb.

Additionally, daily trading volume has steadily decreased over the last three weeks. Falling volume typically reflects declining investor interest and often precedes price corrections, especially when prices hover near resistance.

Liquidation Map Signals Potential Drop

Adding to the bearish outlook is TRON’s liquidation heatmap, which reveals concentrations of leveraged trading positions near the current price. According to data from Coinglass, the $0.236–$0.238 price zone contains a large number of high-leverage positions that could be at risk of liquidation.

These liquidation clusters often act as magnets for price movements. When the market begins to lean bearish, price tends to move toward these areas, triggering liquidations and causing sharper drops. In contrast, the upper liquidation zone near $0.256–$0.258 remains out of reach unless TRON sees a surge in volume and demand—something that has not materialized.

As a result, the short-term direction for TRX appears skewed to the downside, with a 5% pullback toward the $0.236 level becoming increasingly likely.

Support Levels to Watch

Should TRON fall to $0.236, traders will be closely watching for signs of support. A strong bounce at this level could attract fresh buyers and offer a potential entry point for swing traders. However, if selling pressure intensifies and TRX breaks below this zone, the next major support lies at $0.222—the 78.6% Fibonacci retracement level from the November–December rally.

To the upside, bulls must reclaim $0.248 and hold it as support to signal a potential recovery. If that happens, the next target would be the $0.255 resistance area.

Bitcoin’s Influence on Altcoins Like TRX

Another key factor influencing TRON’s short-term prospects is Bitcoin’s (BTC) performance. BTC recently displayed signs of bearish momentum after facing rejection near the $97,000 mark. Altcoins like TRON often follow Bitcoin’s lead, and continued weakness in BTC could weigh on TRX even further.

Conclusion: A Short-Term Pullback Looks Likely

TRON’s long-term outlook may remain intact, but the short-term signals are flashing caution. Weak demand, declining trading volume, and key liquidation levels suggest that a 5% correction could be just around the corner.

For traders, this could represent either a risk or an opportunity—depending on how TRX reacts at the $0.236 support level. In any case, keeping a close eye on volume, resistance breaks, and Bitcoin’s trajectory will be crucial in the days ahead.