Is TON ready for a new breakout? Technical indicators suggest strong momentum despite approaching overbought conditions!
$TON
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💡 Quick technical analysis:
✅ Strong rebound after a clear bottom!
The price has strongly rebounded from the level of 2.778 and steadily climbed to currently reach 3.200, indicating a clear improvement in buying momentum.
✅ RSI at 81.564 – indicating that the asset is in the overbought zone, which may suggest an upcoming correction or profit-taking, unless momentum continues to be supported by large buyers.