$TON

The $TON/USDC pair is showing negative signs after reaching a peak of 3.663 USDC. The current price is 3.434 USDC, but it previously dropped significantly from the day's high.

Looking at the chart, after a strong rally, the price has faced significant selling pressure, indicated by large red candles and high trading volume. Currently, the EMA(25) and EMA(99) at 3.438 are acting as resistance levels. If the price cannot break above this level, a further decline is possible.

The RSI(6) is at 61.05, meaning it is not in the overbought territory but also lacks clear upward momentum. If the price cannot hold above 3.400 USDC, it may continue to decline to lower support levels.