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TON at $3.80 – Undervalued opportunity or a bull trap?

The price of TON is presently 3.80 USD, having dropped 47% from its peak of 7.20 USD. Historically, low NMR values suggest that TON may be undervalued, indicating a potential for rebound. However, its trading volume has fallen to over 100 million USD.

While some metrics hint at buying opportunities, the current trading volume and activity are concerning. If TON cannot hold above 2.00 USD, a significant sell-off affecting approximately 13.30 billion USD worth of TON could be imminent.

This is community-generated content, not advice from ONUS.
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