Tron Inc: Acquires 133K TRX Tokens for Treasury
Tron Inc (NASDAQ: TRON) bought 133,447 TRX at $0.3747, lifting holdings above 697.7 million TRX as price holds $0.38 on 4h chart.
SourceAnalysis
Tron Inc (NASDAQ: TRON) purchased 133,447 TRX tokens at an average $0.3747, pushing total treasury holdings past 697.7 million TRX.
Price action on the 4h chart shows TRX trading at $0.38 right against upper Bollinger resistance while the 50-EMA at $0.37 and 200-EMA at $0.32 continue to anchor the bullish structure; with RSI at 57.99 and MACD locked in a golden cross, any brief pullback would likely find support at the 50-EMA before the next leg higher.
Justin Sun 孙宇晨
@justinsuntronJustin Sun is the founder of TRON, BitTorrent ($BTT) owner and crypto exchange HTX advisor