TRON has reached $0.30 for the first time in over seven months following a liquidity grab on June 23.
The move aligns with the Accumulation, Manipulation, Distribution (AMD) theory, and despite remaining below liquidity on the H4, TRX might continue its upward trend given Bitcoin's all-time high territory.
TRON had been trading around $0.30, engaging in accumulation and manipulation activities, ultimately breaking through following Bitcoin's ATH.
The current market conditions for TRON are uncertain due to untouched liquidity below, coupled with Bitcoin's price discovery phase, prompting traders to exercise caution and avoid impulsive decisions.