As the price of TON began moving upward again, the 90-day percent return has turned positive.
Historically, each time this metric flipped positive, the price action followed with significant momentum.
This suggests that investors are regaining confidence and are more willing to hold their positions, anticipating higher profits as they are expecting the bullish trendline to continue.
Simultaneously, providing further confirmation, the percentage change in Open Interest has also turned positive.
As a result, we might witness a continuation of the current bullish trend.
Written by Darkfost
