Toncoin’s price nears key support – a buying opportunity or trap?

Toncoin (TON) is nearing a critical support level at 4.62 USD, positioned as a demand zone. Analysts suggest that while this may present a buying opportunity, indicators also show declining activity from larger holders and ongoing market volatility.

Recent data indicates that the number of addresses holding less than 100 TON is increasing, reflecting more participants entering the Toncoin ecosystem. However, the number of whale addresses has decreased, signaling distribution by larger holders.

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