sell
TONUSDT Faces Heavy Selling Pressure Amid Unusual Volume
The trading volume for TONUSDT on Bybit has reached an unusual level at 394.6k USDT, with the price decreasing by 0.36% to 3.283 USDT. The trading activity shows 4% buy orders and 96% sell orders, reflecting a strong sell-side dominance. Over the past day, the price has declined by 3.33%. These indicators suggest significant selling pressure and a potential downward trend for TONUSDT in the short term.
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AI Analysis
The recent trading activity for TONUSDT on Bybit shows an abnormal volume of 394.6k USDT, which is considerably high and warrants attention. High volume during a downward price movement often indicate...
AI Recommendation
Considering the high volume and dominant selling orders, it is prudent to approach TONUSDT with caution. Short-term traders might consider taking advantage of the downward momentum, but risk managemen...
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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