The current price of $TON is testing the upper Bollinger Band at 2.983.
This proximity indicates a potential overextension, suggesting a price pullback may occur.
Support stands at 2.921, providing a safety net for traders.
Given the recent price movement, volatility appears to be contracting, signaling indecisiveness in the market.
A prudent risk management strategy would be to set a stop-loss slightly below the support level around 2.910.
Consider waiting for a clearer signal or confirmation of a price reversal before entering new positions.
