TON’s exceptional worth motion featured extraordinary buying and selling quantity – roughly 10x the interval’s common throughout peak hours, with robust assist forming at $2.97-$2.98 and new resistance established at $3.27.
Probably the most dramatic motion occurred in a two-minute window when TON skyrocketed from $3.18 to $3.29, accompanied by quantity exceeding 2.1M in a single minute, demonstrating highly effective shopping for momentum regardless of some late profit-taking.
Technical Evaluation Highlights
- Value consolidation sample between $2.97-$3.04 for a lot of the interval earlier than breaking out.
- Robust assist shaped at $2.97-$2.98 with a number of checks all through the interval.
- New resistance established at $3.27, suggesting potential for continued upward momentum.
- Extraordinary quantity spike with 19.7M and 15.4M in consecutive hours, roughly 10x the interval’s common.
- Clear ascending channel shaped with greater lows on the hourly chart.
- Most dramatic worth motion occurred between 10:53-10:55, with TON skyrocketing from $3.18 to $3.29.
- Single-minute quantity exceeded 2.1M—practically 20x the typical minute quantity for the interval.
- Some profit-taking emerged within the last minutes as worth retraced to $3.27.
Exterior References
