Shock! TON bullish trend is still strong🚀
But the upside potential may be exhausted - what should investors do? 🤪
**Market analysis:**
TON (The Open Network) is still in a bullish trend, but its upside potential may be close to exhaustion. From the market point of view, $5.67~5.8 is a short-term support level. If the price of TON can return to this range, an initial rebound of about 6% is expected.
**Short-term strategy:**
Short-term buying can be considered in the $5.67~5.8 range, with the goal of capturing a rebound opportunity of about 6%. However, it is necessary to pay close attention to market dynamics to ensure that the support level can be effectively maintained.
For medium and long-term positions, either hold the support range above, or pay attention to the risk of a sharp drop in price after it is above the range of 7.2~7.4, and actively sell it!
**Medium and long-term strategy:**
For medium and long-term holders, there are two options:
1. **Hold the support range**: Continue to hold in the range of $5.67~5.8. If the support level can effectively support, TON may continue to rise.
2. **Pay attention to the risk of a sharp drop in the price range**: If the price of TON rises to the range of US$7.2~7.4, be alert to the risk of a sharp drop. In this range, it is recommended to actively sell to avoid risks.
**Investment advice:**
- **Short-term investors**: Buy in the range of US$5.67~5.8, with the goal of capturing a 6% rebound.
- **Medium and long-term investors**: Either continue to hold the support range of US$5.67~5.8, or actively sell after the price reaches US$7.2~7.4 to avoid the risk of a sharp drop.
**Summary:**
TON's bullish trend remains strong, but its upside potential may be close to its limit. The short-term support level is US$5.67~5.8, and a 6% rebound is expected. Medium and long-term investors need to pay attention to the support range of US$5.67~5.8 and the risk of a sharp drop of US$7.2~7.4, and adjust their strategies in time to avoid risks.
**The investment market is unpredictable, please operate with caution and pay attention to market trends in a timely manner! **
