$TON Short Liquidation Alert

A short position worth $8,705.2 in TON was liquidated at $6.37601 after a strong price surge.

Here's a full breakdown:

What Happened?

Short Liquidation: A trader expected TON's price to drop,

but the market moved upward sharply, closing the position.

Trigger Price: $6.37601 — The critical price where liquidation occurred.

What’s Next?

1. Bullish Momentum:

This liquidation suggests buyers are dominating the market, pushing the price higher.

2. Key Levels to Watch:

Resistance: $6.500 — Breaking this level could fuel another rally.

Support: $6.300 — If the price dips, it might stabilize here.

3. Market Sentiment:

Increased buying activity indicates strong confidence in TON’s upward trend.

4. Trading Advice:

Avoid rushing in. Wait for pullbacks or consolidation to minimize risks.

Why It Matters?

This liquidation highlights bullish pressure in TON.

The market could continue higher, but traders should remain cautious and manage risks effectively.

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