Assuming the journal doesn't object, it will probably be OK since your likely readership probably knows the journal. But I would suggest that the first time you give a citation you do it as "IEEE Trans. Geosci.Transactions on Geoscience and Remote Sens.Sensing (IEEE TGRS)" and the use the shortened form "IEEE TGRS" afterwards.
But the journal's rules apply, of course.
Note that the journal's web pages don't use TGRS exclusively, but spell it out at least once, say at the top of web pages.