๐Ÿš€ ๐“๐จ๐ง๐œ๐จ๐ข๐ง ๐…๐š๐œ๐ž๐ฌ ๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ž๐ ๐’๐ž๐ฅ๐ฅ๐ข๐ง๐  ๐๐ซ๐ž๐ฌ๐ฌ๐ฎ๐ซ๐ž ๐€๐ฆ๐ข๐ ๐๐ฎ๐ฅ๐ฅ๐ข๐ฌ๐ก ๐’๐ž๐ง๐ญ๐ข๐ฆ๐ž๐ง๐ญ

Toncoin $TON is currently experiencing heightened selling pressure, with significant quantities of TON being transferred to exchanges, indicating potential liquidation by holders. The Relative Strength Index (RSI) is approaching oversold territory, suggesting that the selling momentum may be nearing its peak. Despite these bearish indicators, some traders remain optimistic about Toncoin's future prospects.

The recent surge in exchange inflows, with approximately 30,000 TON moved to exchanges, has raised concerns about potential selling pressure. However, the RSI's approach to oversold levels could signal a forthcoming price rebound. Traders are closely monitoring these developments to assess whether Toncoin can maintain its bullish trajectory or if a correction is imminent.

What are your thoughts on Toncoin's current market dynamics? Do you believe the recent selling pressure will lead to a price correction, or is a rebound on the horizon?

๐…๐จ๐ซ ๐๐š๐ข๐ฅ๐ฒ ๐š๐ฎ๐ญ๐ก๐ž๐ง๐ญ๐ข๐œ ๐œ๐ซ๐ฒ๐ฉ๐ญ๐จ ๐ง๐ž๐ฐ๐ฌ ๐ฎ๐ฉ๐๐š๐ญ๐ž๐ฌ, ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ, ๐ฅ๐ข๐ค๐ž, ๐š๐ง๐ ๐ฌ๐ก๐š๐ซ๐ž! ๐“๐ก๐š๐ง๐ค๐ฌ ๐Ÿ๐จ๐ซ ๐ซ๐ž๐š๐๐ข๐ง๐ , ๐š๐ง๐ ๐ฌ๐ญ๐š๐ฒ ๐ญ๐ฎ๐ง๐ž๐ ๐Ÿ๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐š๐ง๐ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ.

Source: BitcoinWorld