TON Experiences Volume Spike Amid Sell-Off and Key Support at $3.25
Recent trading of TON, linked to Telegram, showed a bearish-to-bullish reversal pattern. Key points include:
- Support found at $3.25 after significant selling pressure.
- Volume spike exceeded 152K in one hour.
- Price declined from $3.33 to $3.26, a 2% decrease in 24 hours.
- Selloff volume reached 8.23 million, nearly triple the average.
- Resistance noted between $3.34 and $3.35.
- Short-term support established at the $3.25 level.
- Resistance remains at $3.28 due to intensified selling pressure.
The CoinDesk 20 index is up 2.5% in the last 24 hours.