BOSS Wallet data source, Toncoin real-time price trend, the latest price of TON today reached $6.742, with an increase of 2.01%, trading volume $486 million

After studying the candlestick chart, it is currently a volatile trend. Compared to 12:00, there has been a significant increase, and a recovery from 08:00, breaking through the high point of 13:00. The price is rising but the trading volume is declining, which usually indicates a weakening upward momentum in the market, with fewer buyers.
This phenomenon of divergence between volume and price may be due to a lack of selling pressure. In this situation, future prices may experience a pullback or sideways consolidation, as the lack of trading volume support makes it difficult for price increases to sustain. Investors should be cautious of the risk of a high-level retracement and pay attention to whether trading volume can keep up with price increases and whether new buying interest is entering.
Trading volume decreased, price increased. According to the Williams indicator, there is no overbought or oversold condition at the moment. Recently, trading volume has decreased, the volume is lower compared to the previous hours, and with rising prices and declining volume: the upward momentum is weakening.
The upward momentum is weakening, it is suggested to watch and pay attention to trading volume and new buying interest.

The above content is for reference only and does not constitute investment advice.