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TON's latest price today reached $5.61, with a high increase of 2.00%, volume of $2.69 billion, and through the analysis of the candlestick chart, it is now in a oscillating trend. Judging by the Williams indicator, it is currently Overbought. Recently, the volume has decreased, and the price is rising, with the pumping momentum weakening.
When the price rises and the volume decreases, it usually means that the market's upward momentum is weakening and the number of buyers is decreasing. One should be cautious, observe the market sentiment and volume changes, and beware of a high-level fallback.
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