$TRX entered accumulation
As I mentioned, the coin has quite a strong fundamental 💪. However, there are also some downsides.
For example, the tokenomics of the project is not entirely clear. Most likely, this is related to the large % of the total supply in the hands of the project team and its creator, Justin Sun. This is quite a significant risk 🔴, as we can see from the situation with OM.
As for the chart, accumulation is happening sideways between ~$0.22 and ~$0.26. The price has already taken liquidity below the lower boundary of this range, so the most likely breakout is upwards.
To continue the global uptrend, it is necessary to secure above the accumulation VA 📈