TRON DAO Expands Ecosystem Access with TRX Spot and Perps Launch
TRON DAO has expanded access to its ecosystem with the launch of $TRX spot and perpetuals on Backpack, allowing traders to enter the TRON market directly without intermediaries.
The price action of $TRX on the 4-hour chart shows it testing the upper Bollinger Band resistance at $0.34, while the EMA50 and EMA200 both sit at the same level as support.
According to technical analysis, a pullback towards the lower band at $0.32 appears likely before any sustained move higher, aligning with broader TRX price prediction models that are watching for volatility exhaustion in the current range.