Toncoin’s battle for 4 USD: Why 3.93 USD is a key level to watch

Toncoin retreated to 2.45 USD, a critical support, but struggles against the 4 USD resistance. A rejection at this threshold could indicate market exhaustion, with 3.93 USD acting as a substantial level where many addresses hold Toncoin.

The recent surge in whale accumulation, with net inflows up by 2159.82%, signals bullish interest. However, failure to maintain support at 3.93 USD could lead to cascading sell pressure and liquidations.

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