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Bitcoinsensus

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TON Price Stabilizes at $3.41 After a Massive Impulse to $3.69

  • TON price stabilized at $3.41 after a significant jump to $3.69, indicating a potential uptrend with some deceleration or a deeper correction.
  • EMA analysis shows an upward trend with key EMAs supporting the price, including EMA-20, EMA-50, EMA-100, and EMA-200.
  • RSI peaked at 92.14 but has since decreased to 72.51, still in the overbought zone, suggesting a potential shift from overheating to sustainable trending.
  • Fibonacci levels indicate crucial support zones at $3.5, $3.4, $3.33, $3.2, and $3.1, with market sentiment cautiously bullish amidst signs of overbought conditions and trend slowdown.

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