📈 $TON /USDT Market Analysis
$TON /USDT
The chart shows a strong recovery phase following a period of consolidation. After hitting a local bottom near 1.4176 in late December, the price has entered a sustained "staircase" uptrend.
Current Price Action: $TON is currently trading at 1.9044, marking a +2.70% gain for the day. It is hovering just below a recent 24h high of 1.9310.
Momentum Indicators:
AVL (Yellow Line): The price is consistently staying above the Moving Average line, which is currently at 1.8951. This suggests that the short-term bullish trend remains intact as long as this level holds.
Performance: The token has seen a :significant 14% increase over the last 7 days and a 19.31% gain over the past month, signaling a shift in sentiment from the deeper yearly lows.
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