💰 #TON enters accumulation phase
When observing the chart of this coin, it feels like it lives a life apart from the market. And, in principle, that is true. This is largely due to the project's ecosystem being strongly linked to the CIS segment and Telegram users ✉️.
In the price chart, an accumulation phase 🕯 can be seen. The coin reached the global mirror zone between ~$2.50 and ~$2.75 and then surged upwards.
Currently, an upward channel has formed just above this zone. The price is breaking out of that channel and heading back towards global support.
It is most likely that Toncoin will accumulate for quite some time. It usually takes longer than other coins. But the future upward shot will also be strong 🔼, although a bit later compared to some like Solana.
