TON has shown some movement these past couple of days. The 30-minute candlestick chart's trading volume has surged by 285.8%, and the current price is stuck at around 1.789 USDT.
From a technical perspective, 1.7929 is a relatively clear support level, just about 0.56% away from the current price, and it’s already touching the edge. Based on the 1-hour cycle benchmark, this level is definitely worth paying attention to. The resistance level above is at 1.8357, with a space of roughly 430+ points.
A sharp increase in trading volume like this usually indicates active participation. Typically, after such signals appear, the market either starts a new move or consolidates; it’s rare to see it pass by so calmly.
If you're interested in participating, you can place a buy order near 1.7929, targeting the resistance level at 1.8357. Of course, this assumes that the move is indeed a breakout and not a false alarm. The next trend is crucial, so it’s recommended to monitor trading volume and price interactions in real-time.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
16 Likes
Reward
16
7
Repost
Share
Comment
0/400
StableGenius
· 22h ago
lol 285% volume spike is textbook accumulation behavior, but let me guess—half these trades are just wash volume from the same 3 entities. empirically speaking, these "obvious" support/resistance zones get obliterated the moment retail piles in. 1.7929 won't hold when it actually matters, i've seen this movie too many times.
Reply0
SolidityStruggler
· 01-03 08:55
Trading volume up by 285%—is it a false alarm or a real launch? It depends on the next two hours.
View OriginalReply0
WalletDivorcer
· 01-03 08:49
The trading volume surged by 285 points, so crazy? Feels like it's just a fake move again. TON, this coin is just like this.
View OriginalReply0
RugpullAlertOfficer
· 01-03 08:49
Trading volume surges by 285%? This time, is it really a false alarm again? We need to see the performance in the next two hours before we dare to get in.
View OriginalReply0
DiamondHands
· 01-03 08:46
A 285% increase in trading volume sounds impressive, but I still want to wait and see if this is truly a startup or just the prelude to a pullback...
---
The support level at 1.7929 is almost touching the bottom; it feels like we need to see if anyone is really bottom-fishing next.
---
With such a surge in trading volume, either big funds are entering, or it's time to unload. Let's observe for the next couple of days.
---
Too many fake-out tricks have been seen; no rush to place an order at 1.7929.
---
Be cautious at 1.8357; it might be another high-level sell-off rhythm.
View OriginalReply0
APY追逐者
· 01-03 08:32
TON's trading volume surged by 285%. It feels like it's either going to explode or lose, there's no third option in between.
View OriginalReply0
CoffeeNFTs
· 01-03 08:30
Trading volume surged by 285%. This number is a bit interesting, but breaking through 1.8357 is still a problem.
---
Is this another fake-out? I'm a bit hesitant to enter now.
---
Stuck at 1.789, I'm waiting to see how it moves next.
---
A 285% surge... is often just a rebound. Don't get caught off guard.
---
Support level touching the edge, feels like it will either crash down or take off. Which one to bet on?
---
Does increased trading volume necessarily mean someone is involved? I think it's just a trap to lure buyers.
---
Wait for a confirmed break before taking action. Entering now is too early.
TON has shown some movement these past couple of days. The 30-minute candlestick chart's trading volume has surged by 285.8%, and the current price is stuck at around 1.789 USDT.
From a technical perspective, 1.7929 is a relatively clear support level, just about 0.56% away from the current price, and it’s already touching the edge. Based on the 1-hour cycle benchmark, this level is definitely worth paying attention to. The resistance level above is at 1.8357, with a space of roughly 430+ points.
A sharp increase in trading volume like this usually indicates active participation. Typically, after such signals appear, the market either starts a new move or consolidates; it’s rare to see it pass by so calmly.
If you're interested in participating, you can place a buy order near 1.7929, targeting the resistance level at 1.8357. Of course, this assumes that the move is indeed a breakout and not a false alarm. The next trend is crucial, so it’s recommended to monitor trading volume and price interactions in real-time.