$TRX 's parent company reported Q3 net profit of $14.9 million, up 22% year over year. It earned a cumulative $39.4 million over nine months, up 203%.
But the market reaction told a different story: $TRX is currently at 0.3176, down a slight 0.09% over the past 24 hours, with no meaningful rally at all.
Chasing the price now will probably leave you holding the bag. The mistake is treating accounting profits as a guaranteed catalyst for a price rise. First, let's see whether it can break above 0.32 on strong volume.
If you want to test your skills, you can join Binance's latest spot trading competition, win rewards, and get a feel for the sector's buying support.
Can $TRX get above 0.32 this time? Reply 1 if you think it will hold, or 2 if you think it won't.
#Write2Earn #BinanceSquare #TRX #Futures #FuturesTakerProgram
But the market reaction told a different story: $TRX is currently at 0.3176, down a slight 0.09% over the past 24 hours, with no meaningful rally at all.
Chasing the price now will probably leave you holding the bag. The mistake is treating accounting profits as a guaranteed catalyst for a price rise. First, let's see whether it can break above 0.32 on strong volume.
If you want to test your skills, you can join Binance's latest spot trading competition, win rewards, and get a feel for the sector's buying support.
Can $TRX get above 0.32 this time? Reply 1 if you think it will hold, or 2 if you think it won't.
#Write2Earn #BinanceSquare #TRX #Futures #FuturesTakerProgram
