$2.4 TON, are you chasing?

Pavel Durov has released three major announcements in three days, fees cut to $0.0005, Telegram personally steps in as validator, 95 million monthly active users directly diverted—price from 1.3 to 2.7, doubled in a week, trading volume from tens of millions to 1.8 billion. But just now, RSI shot up to 91 then plunged 17%, a new wallet opened a $2.76 million short position.

First look at the surface: explosive news, momentum like a rainbow.

In the past 7 days, up over 100%, 24-hour high increase of 30%, market cap broke into the top 15, 24-hour trading volume surged to $1.4-1.8 billion—amplified 600%. K-line shows: volume breakout above all moving averages, $2.00 shifts from ceiling to floor, MACD golden cross bars enlarge, ecosystem explodes, don’t sell.

First thing: Telegram has turned TON into an official payment track.

This isn’t cooperation, it’s “annexation.”

Durov threw nuclear bombs for three days straight: Telegram officially takes over TON Foundation, becomes the largest validator (staking 2.2 million TON); fees reduced 6 times to nearly zero; TON becomes the sole blockchain infrastructure for Telegram Mini Apps, payments, Telegram Stars.

Second thing: fundamentals evolve from “concept” to “infrastructure.”

Before, TON was criticized as “only narrative, no ecosystem,” now?

Mini Apps have become killer apps—games, social, payments, NFTs all running; TON Connect is the only wallet protocol, all on-chain payments must go through TON. On-chain daily active wallets 50,000-100k, monthly active over 1.7 million, April transaction volume over 67 million.

TVL only $69 million?

Third thing: a technical signal that must be watched carefully.

RSI hit 86-91—extreme overbought. In the past 12 hours, down 17.8%, RSI-6 at 24.08 indicates short-term sentiment has plunged from frenzy into ice.

A new wallet deposited $8 million USDC into exchanges, opened a $2.76 million 2x leveraged short.

On one side:

Telegram personally involved, 95 million users directly diverted

Fees cut to $0.0005, truly zero-fee chain

Weekly increase of 100%, volume amplified 600%, real money entering

Catchain 2.0 launched, 400ms confirmation, performance surpasses most L1s

On the other side:*

RSI shot up to 91 then crashed, obvious short-term overheating signal

New short of $2.76 million, big players betting on a pullback

In the past 4 hours, $4.6 million flowed out, some taking profits

Inflation and unlocking pressures still exist, don’t assume zero risk

Key level: $2.4, the first face-off between bulls and bears.

Resistance above: $2.50-2.80 → $3.00 (psychological barrier) → $3.50-4.00

Support below: $2.00-2.10 (strong support, previous resistance now support) → $1.90 → $1.60-1.70

Short-term traders:

Wait for a pullback to $2.00-2.10 before entering, stop-loss at $1.90 (exit if broken), first target to take half at $2.50-2.80.

Swing traders:

Wait for daily close above $2.2 before adding positions, use dynamic take-profit, target $3.00-3.50. Don’t get shaken out by washouts, but don’t chase high at $2.7 either.

Long-term believers:

Build gradually below $2.0. Telegram’s 1 billion users is TON’s biggest moat, worth more than any tech. End of 2026 target: $4-5, betting on a major Mini Apps ecosystem explosion.

Risk control:

1. Single position no more than 5-8% of total funds, leverage up to 3-5x (prefer spot)

2. If BTC drops below $75k, TON will follow, reduce positions timely

3. RSI stays >90 with shrinking volume, exit immediately

TON now is like Solana in 2021—$BTC
99% think “it’s just Telegram pumping,” but after ecosystem explosion, it went from $1 to $5 directly.

At $2.4, you’ll look back and realize: it’s not that TON can’t do it, it’s that you’re afraid to believe when the news drops. #Gate广场五月交易分享 $SOL $TON