đ€đ„ $TON #tonecoin #NOTđ„đ„đ„ #dogs #Notcoinđđ„
The price appears to be consolidating near the $6.00 mark after the sharp correction, with open interest stabilizing at lower levels and volume increasing. This could be a sign that the market is preparing for a potential move with its ecosystem growth $NOT , $DOGS
đ„ Open Interest and Volume:
Falling Open Interest with Price Decline suggests that the recent downward price movement is not due to new bearish positions but rather the closing of existing positions. This indicates that the market could be losing momentum for further downside
đTrend Prediction:
The current behavior suggests a consolidation phase where the price hovers around $6.00. Open interest is low, and volume is increasing, which could mean traders are waiting for a breakout.
