$2.41 $TON , do you want to chase?

A three-day surge of 114%, straight from 1.35 to 2.90, market cap of 6.4 billion, an 87% increase in 7 days, doubling in 30 days— but just now, it dropped 4.3% in 24 hours, MACD starting to weaken, RSI plummeted from over 80 to 34, a whale heavily adding short positions. Durov personally stepped in to “Make TON Great Again,” is this wave the start of a supercycle or the ultimate dump by Telegram pumpers?
First look at the surface: violent breakout, momentum like a rainbow
Up 87% in 7 days, 100% in 30 days, market cap of 6.47 billion breaking into the top 20, 24-hour trading volume of 625 million. The candlestick chart shows: directly breaking through the 2.0 ceiling from 1.35, standing above all moving averages, bullish arrangement: bull return, TON is ready to go.
First thing: Durov personally steps in, Telegram becomes the biggest validator of TON
May 4-7, Pavel Durov personally announced Telegram staking 2.2 million TON, replacing the foundation-led network. The app with 1 billion monthly active users is entrusting its core to the TON chain.
STON fi SDK launched, Catchain 2.0 upgraded to sub-second finality, staking annualized yield close to 19%. Mini Apps, Wallet, P2P payment loop are already operational.
Second thing: DeFi TVL surged 65% in 7 days
Stablecoin market cap of 750 million, USDT accounts for 77%, transactions on Tonstakers and STON fi are verifiable on-chain.
Third thing: a dangerous technical signal appears
RSI dropped from over 80 to 34, MACD histogram has been negative for four consecutive hours, whales are increasing short positions. The high point at 2.90, someone is running.
Key level at 2.41, just one step away from the previous high of 2.90, also close to strong support at 2.00.
Resistance above: 2.80-3.00 → 3.41 → 4.00
Support below: 2.00-2.20 (strong support, breakout platform) → 1.80 (bottom)
Short-term traders:
Wait for a pullback to 2.00-2.20 before entering, stop loss at 1.99 (sell if it breaks), first target 2.80, second target 3.00.
Swing traders:
Wait for daily volume to stabilize above 2.50 before entering, use dynamic take profit to hold, target 3.41-4.00.
Long-term believers:
Invest blindly below 2.00, trusting Telegram’s 1 billion user penetration as faith. But cap at 20% position, TON rises fast and falls even harder, always keep 30% cash as ammunition.
TON now is like SOL in 2024—
99% of people think “rising on daddy’s coattails, it will crash sooner or later,” but they regret only after it rises from 1 to 4.