TRX Technical Analysis Jan 22

TRX is currently consolidating horizontally at the $0.30 level; critical support at $0.2979 just below, strong resistance at $0.3046 creating pressure above.

Current Price Position and Critical Levels

TRX, as of January 22, 2026, is squeezed in a narrow range ($0.30 – $0.30) at the $0.30 level and showed a slight 0.57% increase in the last 24 hours. While the overall trend is defined as sideways, RSI at 50.45 appears balanced in the neutral zone. Price is positioned below EMA20 ($0.30), giving a short-term bearish signal; the Supertrend indicator is also bearish and pointing to $0.32 resistance. 12 strong levels were identified across multiple timeframes (MTF): 2 supports/4 resistances on 1D, 2 supports/1 resistance on 3D, 2 supports/4 resistances on 1W confluences. These levels are reinforced by order blocks, liquidity pools, and historical tests; a breakout or rejection from this structure is expected. Volume is at a moderate $157.83M, but spikes can be observed at critical levels. In the broader structure, TRX has shown resistance to BTC dominance in recent weeks but has remained under general pressure in altcoins.

Support Levels: Buyer Pools

Primary Support

The $0.2979 level (strength score: 85/100) stands out as TRX’s most critical buyer zone. This level formed as an order block on 1D and 3D timeframes; it has been tested 3 times in the last 2 weeks, producing strong rejections. Looking at the volume profile, intense buyer volume has accumulated in this area, with liquidity sweeps observed via wicks. On the 1W timeframe, it aligns with Fibonacci 0.618 retracement and EMA50 confluence. Why important? Historically, it rebounded 15% from here during the December 2025 lows; big players (smart money) may be accumulating long positions here. As price approaches, expect volume increase and pinbar formations – a downward break would lead to invalidation at $0.2917.

Secondary Support and Stop Levels

Secondary support at $0.2917 (85/100) is a liquidity collection zone below the primary level. On 1D it’s a demand zone, aligned with the previous swing low on 1W; it showed volume-backed defense in 2 tests last month. A stop-loss hunt (liquidity grab) is possible below this level, as a break of $0.2917 activates the downside target at $0.2557 (22 score) – implying a 15% drop. Invalidation requires a close below $0.2917; this can be used as a trailing stop level for short-term shorts. MTF confluence: overlaps with 3D EMA200, held during historical 20% corrections.

Resistance Levels: Seller Pools

Near-Term Resistances

$0.3046 (92/100), the nearest and strongest seller zone; just 1.5% above current $0.30. On 1D timeframe it’s a supply order block, produced rejection wicks in the last 48 hours. There’s a seller imbalance in volume, confluent with Supertrend resistance. Why critical? On 1W it overlaps with VWAP and EMA20; an upside break triggers 5% momentum. In the short term, it acts as a cap, with false breakouts usable for liquidity collection.

Main Resistance and Targets

Main resistances at $0.3095 (60/100) and $0.3193 (62/100); the first is a 3D supply zone, the second a 1W swing high. $0.3095 is at Fibonacci 0.382 extension and EMA100 confluence; it saw reversals in historical breakouts. $0.3193 is a high-volume rejection point, 6% upside target. Upside target $0.3575 (15 score) but low probability, as it’s under bearish Supertrend. These levels are ideal for sellers’ short entries; a break requires volume confirmation.

Liquidity Map and Big Players

The liquidity map shows a dense stop-loss pool below $0.2979 – big players (whales) could sweep it for upward manipulation. Above, sell-side liquidity between $0.3046-$0.3095, where long stops can be hunted via false breakouts. In order flow analysis, equal highs/lows around $0.30 have created imbalance; COT data (assumption-based) shows increasing net short positions. Big players are likely targeting longs at $0.2979, shorts at $0.3046. In a sideways trend, these levels could see liquidity runs – if volume delta is positive, buyers have the edge.

Bitcoin Correlation

BTC at $89,899 in downtrend (despite 0.52% rise), main supports $89,916 / $88,396 / $86,637; resistances $90,408 / $92,445. Supertrend bearish on BTC signals caution for altcoins – TRX correlates with BTC at 0.75. If BTC breaks below $89k, TRX $0.2979 test accelerates; above $90k could trigger TRX $0.3046 breakout. Dominance increase pressures TRX, BTC support hold could bring alt season opportunity. Main BTC levels: $88,396 break brings TRX downside cascade.

Trading Plan and Level-Based Strategy

Level-based outlook: Close above $0.3046 is bullish – first target $0.3095, extension $0.3193 / $0.3575 (R/R 1:3). Hold above $0.2979 for long bias, stop below $0.2917. Bearish scenario: Break of $0.2979 for short, targets $0.2917 / $0.2557 (R/R 1:2.5). Sideways continuation: range trade $0.2979 long / $0.3046 short. This outlook is not financial advice; risk management is essential (max 1-2% risk). For detailed spot strategies, check TRX Spot Analysis, for futures TRX Futures Analysis. Wait for MTF confirmation and volume.