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You are here: Home / Cryptocurrency News / TRX Price Eyes $0.366 Breakout as Inverse Head and Shoulders Pattern Forms

TRX Price Eyes $0.366 Breakout as Inverse Head and Shoulders Pattern Forms

What to know:

  • TRX is forming a clear inverse head and shoulders pattern, signaling a potential breakout move toward $0.366
  • Strong support at the 20 EMA ($0.34088) is helping stabilize TRX after a sharp rejection from the $0.37 resistance area
  • Tron Inc. has added 143K+ TRX tokens to its treasury, further strengthening long-term confidence in the TRON ecosystem

By Sajjal Ali | Edited By Ammar Raza,June 2, 2026, 3:39 AM

TRX Price

TRON (TRX) is consolidating below key resistance, forming a potential inverse head and shoulders pattern that signals continuation if momentum strengthens. A breakout could drive further upside for the TRX price, while rejection may extend range-bound trading. Meanwhile, ongoing accumulation by Tron Inc. supports long-term confidence in the asset.

At the time of writing, TRX is trading at $0.3451 with a 24-hour trading volume of $769.39 million and a market capitalization of $32.72 billion. Despite the signs of stability over the last 24 hours, the TRX price structure and ongoing institutional accumulation point to a bullish reversal.

TRX current price

Source: CoinMarketCap

TRX Price Setup Points Toward $0.366 Target

According to the crypto analyst Chiefrat, TRX is displaying a developing inverse head and shoulders pattern forming just beneath its neckline resistance. 

The TRX price action is tightening near the $0.349–$0.350 zone, a key level where sellers have previously defended gains. This compression suggests the market is approaching a decision point, with momentum building for a potential breakout or rejection.

TRX price prediction

Source: Chiefrat’s X Post

If bulls manage to reclaim and hold above the $0.349–$0.350 neckline with strong confirmation, the pattern projects an upside target near $0.3660. This level marks the next major resistance area where profit-taking could emerge. 

Until then, the TRX price remains in consolidation, with traders closely watching for volume-backed breakout confirmation or failure at resistance.

Also Read: TRON Price Prediction: Can TRX Rally to $0.50 After Tron Inc.’s Accumulation?

Technical Indicators Point to Short Term Pressure

According to TradingView, the TRX price has recorded a very aggressive macro trend reversal from mid-2025 to June 2026, moving upward all along. 

After touching a high point of $0.37, the TRX price dipped to $0.27 before experiencing another boost in March. TRX has experienced a strong rejection move at $0.37, dropping its price to $0.34529.

TRX technical analysis

Source: TradingView

The asset is exactly aligned with all major signals. In the shorter term, the 20-period exponential moving average at $0.34088 becomes a dynamic support level just below the TRX price. 

Having tested the top border of the Bollinger Bands at $0.37191, prices reversed to move down towards the central line at $0.34030.

Tron Inc. Expands TRX Treasury with 143K Token Buy

The data from Tron Inc. further highlighted that the company has strengthened its portfolio with the purchase of yet another set of crypto assets: 143,293 TRX tokens acquired at an average of $0.3489 each. 

Consequently, the total number of TRX coins now exceeds 698.5 million, thus reaffirming the company’s accumulation policy and its determination to strengthen its position on TRON network.

TRX institutional accumulation

Source: TRONSCAN

However, Tron Inc. is continuously constructing its digital asset portfolio in line with an intention that is focused on creating more value for its shareholders. 

The constant increase of its exposure to TRX is seen as an affirmation of the firm’s trust in the future usability of this digital asset and the expansion of its ecosystem.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: TRX Price Holds Key Support as Bulls Eye a Potential Rally Toward $3 Target

Filed Under: Cryptocurrency News, Altcoin News, Tron (TRX)

About Sajjal Ali

Sajjal Ali is a Market Analyst and Crypto Reporter at Tronweekly with over three years of experience covering cryptocurrency markets and digital asset ecosystems. Her work focuses on Bitcoin, Ethereum, altcoins, DeFi, blockchain developments, crypto regulation and policy, and Layer 2 scaling solutions.

She tracks major DeFi platforms, leading Layer 2 networks, and evolving regulatory frameworks, explaining how policy, technology, and adoption trends influence crypto markets. Her previous work has been featured on BTCRead. Sajjal verifies information through official filings, regulator statements, court records, and on-chain data, ensuring accurate, responsible reporting for a global audience.

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