📢🚨 Toncoin (TON) Whales on the Move Amid Market Dip! 🚨📢
Toncoin (TON) has seen a staggering 257% increase in large transaction volumes, suggesting significant whale activity. Despite the market downturn, this trend is worth noting for potential investors.
🔍 Key Points to Watch:
Price Levels:
Resistance at mVAH: $7.81
Support at mVAL: $6.92
Point of Control (POC): $7.20
Indicators:
Relative Strength Index (RSI):
RSI (14): 57.83 (Near neutral, watch for momentum shifts)
Moving Average Convergence Divergence (MACD):
Signal line crossing over MACD line could suggest a potential trend reversal.
Volume Analysis:
Significant spike in large transactions, indicating potential accumulation by large holders.
Increased trading volume around $7.20-$7.30 range, suggesting strong interest.
Market Sentiment:
Despite overall market decline, TON's whale activity hints at possible bullish sentiment among large investors.
Watch for breakouts above $7.81 or breakdowns below $6.92 for directional cues.
📊 What to Do:
For Traders: Monitor resistance and support levels closely for potential breakout or reversal signals.
For Investors: Consider the whale activity as a sign of potential long-term interest and accumulation.
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