TRON Faces Short-Term Directional Uncertainty Amid Support Level Test
TRON (TRX) is currently navigating short-term direction around its support level of $0.3280.
If TRX can break through the resistance at $0.3320, a potential price range of $0.3500 to $0.3700 may be in sight for the asset.
Tron Inc., the company behind TRON, has taken a step to increase its reserve by acquiring 151,621 TRX tokens, bringing its total reserves to over 707.9 million tokens.
However, if TRX falls below $0.3200, it may weaken the current uptrend and pose a risk for the asset.