🔴 $TRX
continues to move in accumulation
At the moment, it was not possible to break through the upper boundary of the accumulation and the VA zone (Value Area High line) upwards. A level was hit at approximately ~$0.26, and a 'false breakout' occurred along with the candlestick pattern 'bearish pin bar' 🐻.
During the pullback, the price remained in the upper half of the range. It touched and held the midline of the channel, 50EMA, and the Point of Control line.
In the future, I still expect a gradual upward breakout. Here, the coin is preparing to follow the overall market trend 📈