What you need to know:
- Tron Inc. bought 177,925 TRX for $0.28, bringing its total reserves above 681.9 million.
- TRX weakens after failing to stay above its 200-day moving average.
- TRX made a lower low near $0.2685, signaling a potentially deeper correction.
Tron Inc. subsequently strengthened its cryptocurrency treasury strategy announce on Monday, February 16 that it acquired 177,925 TRX tokens at an average price of $0.28.
The NASDAQ-listed company’s latest purchase brings its total TRX reserves above 681.9 million tokens, strengthening its long-term commitment to the Tron ecosystem and signaling continued industry confidence in blockchain-based treasury diversification and digital asset accumulation initiatives globally.
The company emphasized that the acquisition is part of a broader plan to expand its holdings of Tron Digital Asset Treasury.
By steadily increasing exposure to TRX rather than pursuing short-term trades, Tron Inc. aims to increase shareholder value through potential asset appreciation, while aligning business strategy with the evolving role of cryptocurrencies in institutional finance.
Also read: Tron (TRX) Seasonality: Top Return in April with Huge Monthly Gain of 176.2%
Tron (TRX) faces downside pressure after failed recovery
Despite the institutional investments, TRX, the native token of the Tron network, is showing renewed weakness after failing to sustain its recent recovery. according to to crypto analyst Umair Crypto, starting Monday, February 16.
After breaking out of consolidation, the asset briefly recovered its 200-day moving average but quickly lost momentum. Prices returned to the $0.32 region before sellers regained control, pushing the token back below critical long-term support levels.
Technically, TRX has made a lower low at a price of $0.2685, which has confirmed the weakness in the market. The token is currently trading at $0.28, with a small increase but not much consequence.
Umair Crypto has stated that TRX has been trading within a major consolidation pattern for over 400 days, with a change in price action from a lower high to a lower low.
Source: Umair Crypto X post
Market participants are paying close attention to the $0.2455 area. They believe that this area represents an important level of support. The $0.2455 area corresponds to the control point and represents a major liquidity cluster.
If bearish momentum accelerates, market participants believe this area will likely be important as part of a range breakdown.
Further caution stems from TRX’s performance against Bitcoin, with the token trading close to its relative highs. Umair Crypto also points out possible weaknesses in the relative strength index, which could imply weakening momentum.
If the RSI trendline breaks decisively, it could imply a change in relative strength, which could put further downward pressure on the TRX/USDT pair in the short term.
Also Read: TRON Price Prediction 2026: Can TRX Break $0.30 and Rise to $0.40?
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