Tron (TRX) is currently trading in a narrow range around $0.27, indicating a consolidation phase as per technical indicators. The market momentum has decreased, illustrated by a weakening ADX and a neutral RSI around 50, indicating uncertainty among traders.

Resistance for the token is noted at $0.274 and support at $0.256, and a breakout or breakdown could indicate the next market direction. SunPump has launched the CEX Alliance, focusing on enhancing TRON's meme coin ecosystem, though on-chain activity and revenue have remained subdued despite this effort.

SunPump's CEX Alliance has been introduced to boost meme projects within the TRON network, collaborating with centralized exchanges like BitMart, Poloniex, and LBank to simplify listing processes and amplify promotion for projects meeting specific criteria. However, on-chain statistics reveal limited activity and revenue, raising concerns about sustained user engagement and platform performance.

The TRX market is currently in a sideways trend with weakening trend strength, as indicated by the DMI and RSI indicators. This suggests a period of consolidation and uncertainty rather than clear directional momentum, with both bullish and bearish pressures diminishing. The RSI remains near the neutral 50 level, highlighting a balance between buying and selling pressures.

Tron has been maintaining stability around $0.27, with resistance at $0.274. A breakthrough above this level could lead to further gains, while a drop below the $0.256 support might trigger a downturn. The market seems to be waiting for a significant catalyst to determine its next move.