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TON

TON Faces Resistance and Declines Slightly Amid Increased Selling Pressure

The TON cryptocurrency encountered resistance at the $3.24 level and ultimately closed at $3.18. The token experienced a 2.05% fluctuation in trading, reaching a high of $3.21 before sales pressure increased. Trading volume exceeded 150,000 units, indicating significant selling activity.
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AI Analysis

TON's recent price movement shows that it faced resistance at the $3.24 level, which it struggled to surpass. The peak at $3.21 suggests initial bullish attempts that failed to break through the resis...

AI Recommendation

Traders should exercise caution and consider a wait-and-see approach given the recent resistance and declining close. If the price sustains below $3.24, it may suggest a bearish trend continuation. Co...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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