Toncoin’s price has dropped more than 10% in two days, putting the 50-day EMA support at risk. The current Open Interest dropped by 10%, suggesting increasing uncertainty among traders and indicating a bearish trend.
Technical indicators show a bearish sentiment, with MACD signaling sell conditions. A decline below the support level of 3.182 USD could push the price down to 2.968 USD, though a potential recovery might occur towards the resistance at 3.543 USD.
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