A few hours ago, I talked about Ton here in this platform. Then recently, I read this comment.

Yes, I agree that buying when the fear index is up is a good strategy. But hey, do know that it's never a good idea to catch falling knives. Always wait for price consolidation or for it to move sideways. But has TON consolidated? Let's take a look at the 1h chart below.

Yup, positive! It has not just consolidated but is also showing bullish signs. The selling pressure is weaker than it was a few hours ago. So is now the best time to jump in?

Unfortunately, No. Why? Because the 4H KDJ oscillator is still anticipating a dive back to 5.3. If you're trading in spot, start DCA at 5.3.

Right now Ton is trading at 5.7. Yup, it's best to wait for a little dip to be safe.

FOLLOW FOR MORE.

BTW, please checkout PITBULL if you haven't. Pit is really cheap now, after the 4th wallet sold more than half of it. But I still believe that this token is x1000.