The token $TON is showing performance that calls for cautious vigilance, trading at $1.78, amidst a clear institutional accumulation phase where institutional buyers hold 52.7% of long positions against the capitulation of retail traders. The Relative Strength Index (RSI) at 44.76 indicates the token is in a neutral zone leaning towards weakness, but it hasn't yet reached sufficient oversold levels to trigger a strong corrective bounce.
Status: BUY (buy opportunity from the current institutional accumulation zones).
Leverage: 2x - 3x (caution is advised due to ongoing selling pressure from individuals).
Entry Range: 1.73 - 1.78.
Target 1 (TP1): 1.95.
Target 2 (TP2): 2.20.
Stop Loss (SL): 1.65.
Flow analysis shows a major whale has opened a long position with 3X leverage worth $5.39 million on TON, while AlphaTON plans to buy $100 million worth of the token, indicating strong institutional confidence in the bullish trend over the medium term despite the current price weakness.
#TON #Toncoin #TONUSDT
Status: BUY (buy opportunity from the current institutional accumulation zones).
Leverage: 2x - 3x (caution is advised due to ongoing selling pressure from individuals).
Entry Range: 1.73 - 1.78.
Target 1 (TP1): 1.95.
Target 2 (TP2): 2.20.
Stop Loss (SL): 1.65.
Flow analysis shows a major whale has opened a long position with 3X leverage worth $5.39 million on TON, while AlphaTON plans to buy $100 million worth of the token, indicating strong institutional confidence in the bullish trend over the medium term despite the current price weakness.
#TON #Toncoin #TONUSDT