2 weeks ago
TON's caller terms enactment reveals the analyzable interplay betwixt project-specific developments and planetary economical factors. The token's melodramatic 24-hour scope from $3.22 to $3.47 demonstrates however rapidly sentiment tin displacement successful cryptocurrency markets affected by planetary commercialized tensions. While TON recovered captious enactment astatine $3.22-$3.24, the pronounced bearish momentum that emerged resulted successful a 6.2% diminution from regular highs earlier a humble betterment effort successful last trading hours.
Technical Analysis
- TON exhibited a 7.7% terms scope ($3.22-$3.47) implicit 24 hours, with an aboriginal rally followed by persistent selling pressure.
- Key absorption established astatine $3.44-$3.47 with high-volume rejections during the 14th and 15th hours. Support recovered astatine $3.22-$3.24 successful aboriginal trading sessions.
- Bearish momentum aft midnight resulted successful a 6.2% diminution from the day's high.
- Volume patterns suggest continued downside vulnerability contempt humble betterment attempts.
- Buyers returned to propulsion TON supra $3.27 by session's end, suggesting renewed bullish sentiment.
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