$TON High Timeframe Technical Analysis đ
TON recently had very huge influx of volume and hype. Recognising the hype and context that we are in bull market, I can say that I am super bullish on it.
On CoinMarketCap it's currently top 9 mcap coin and top 23 by volume coin.
It's now retracing from the all time highs and hit first major support level - 0.618 fibonacci level. It's possible that from here it will go up but I think reaching my drawn box ($4.5 - $3.5) is very likely. There we had a lot of traded volume and liquidating those early longs would be good for big hands guys.
Therefore, I still expect a run down for short term and then - we will possibly reach new ATH đ
