In the last sessions, $TON has continued to remain in volume chart in sustaining a structural shape after a bounce off a key support area. Although volume was low and there was little upward follow-through, the consolidation phase indicates possible strength in an overall uncertain situation. If price action is able to break through the resistance shown in orange then bullish momentum may get going and push the asset towards its next ceiling.-
However, caution is warranted. While a return to preexisting support is possible during changing conditions. In these cases, community led activity using the #SocialMining #TCHub can also help surface timely updates and collaborative strategy. These – decentralised insights – are not only helpful for short term positioning, but for long term confidence building in variable markets.
Many of the participants continue to prefer a strategic accumulation during the dips. Such actions, when linked with active participation and sufficient communication, help to build a more resilient network decentralized around $TON with the help of data.
