As of 5 February 2026, the Tron (TRX) price is trading at $0.280, maintaining support above the 100-SMA ($0.228) and 200-SMA ($0.153), which keeps the long-term trend bullish.
After peaking at $0.35, the price faced rejection near the 20-SMA and 50-SMA ($0.289–$0.298), signaling a medium-term consolidation pattern with lower highs.
According to the TradingView chart, Bollinger Bands (20) indicate volatility compression: the mid-band at $0.298, the upper band near $0.336, and the lower band around $0.261.
The price currently trades below the mid-band, showing neutral-to-bearish pressure. Key resistance levels are $0.30–$0.305 and $0.335–$0.35, while support holds at $0.26–$0.27 and $0.23.
A bullish continuation requires a weekly close above $0.30, with potential targets at $0.335, $0.36, and $0.40. Neutral range likely persists between $0.26 and $0.30, allowing accumulation. A break below $0.26 could open the downside toward the 100-SMA at $0.23, with $0.153 as a major cycle support.
Indicators Signal Weak Momentum
The weekly RSI is at approximately 44, which is below the 50 neutral mark. This suggests that selling pressure is lessening rather than increasing. The RSI stabilizing in the 40s suggests a consolidation pattern, according to the TradingView chart.
The MACD is still below the zero line, which indicates that the overall trend is bearish. However, the histogram is shrinking, and the MACD line is becoming flatter as it moves closer to the signal line, which is an indication of weakening bearish trend momentum.
CoolWallet Integrates TRON Energy Services
Currently, the self-custody hardware wallet market leader, CoolWallet, has announced the integration of a new feature. Now, users can access the energy rental services of the TRON network via the platform. This will enable them to save on the transaction costs of carrying out activities related to the TRX and TRC-20 tokens.
This is possible with the secure management of TRX and other TRC-20 tokens using the hardware wallet and its associated mobile app, thus allowing users to remain fully self-custody. This is efficient, easy, and secure, enhancing a quicker and cheaper experience on the TRON blockchain.
Why This Matters
TRX has been holding above the support zones, and if it closes above $0.30, it may have the potential to increase in value. The near-term target of the cryptocurrency may be $0.335 to $0.36, indicating an increase in the price for long-term holders.
CoolWallet’s integration of TRON energy services reduces TRX and TRC-20 token fees, allowing traders and investors to interact with the network more efficiently and cost-effectively.
Also Read: Tron to Boost Bitcoin Holdings After Binance’s $1B Reserve Shift
