TRX Price Holds Steady Near $0.33 Amid Treasury Buying and Heavy USDT Activity

The TRON (TRX) price is holding steady near $0.33 as buyers continue to defend support within an ascending channel structure.

This comes after the token recovered from a 16% slide from its May high and reclaimed short-term moving averages, pushing above its 7-day and 30-day moving averages.

Treasury buying from Tron Inc. and heavy USDT activity on the TRON network provide additional underlying support for the price.

The token faces nearby resistance before a broader recovery can develop, but analysts see upside targets at $0.3345 to $0.3364 with a stop at $0.3297 marking the level where the short-term setup would fail.