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Wait, did you see that candle? $TON is acting a bit strange right now.
After that massive pump to 1.51, everyone thought we were heading straight to the moon, but the reality check hit hard. We’re currently sitting at 1.377 and it feels like the bulls are losing a bit of steam.
The price is hugging that 1.37 support level pretty tightly. If we break below this, we might see a quick slide back down to the 1.32 zone where it spent a lot of time consolidating before. On the flip side, the volume is looking a bit dry, so I wouldn’t expect a massive breakout just yet.
I’m watching the order book closely. Sellers are slightly outnumbering buyers at 52%. I’d stay patient here. No need to rush into a position until we see if 1.37 holds or if it’s just a slow bleed back to the previous range.
What’s your move? Holding or waiting for a better entry?
#WCTCTradingChallengeShare8MUSDT