Do any of you guys plan to catch the bottom at $TON ?
You guys probably already know the details of the fud, and in this article I will examine the chart $TON more carefully
Discussing the current price line, the -20% price drop of TON is also reasonable because the D frame crash in early August broke the uptrend
=> the recent increase is just a technical recovery in the downtrend
The news is released to legitimize the price line
Looking at the chart on OKX, we currently have 2 main support zones, the $4.5-4.8 zone, and the $3-3.4 zone, those of you who want to catch the bottom should divide your capital at these points (of course I do not encourage bottom catching).
The first zone break is a bit tight, if so, TON will hardly go up immediately at the end of the year
Anyway, there is no official conclusion from this fud news, I will still consider TON a potential opportunity because of what they have built up to now.
The more scared the crowd is, the better it is usually, but of course we should still wait for the price reaction in these zones and then decide later.
Before, I also thought that $WLD would more or less hold the $4-4.5 zone, and eventually it would break
so we don't know anything in advance in this market, just wait for the reaction
