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Toncoin bulls face tough battle – Is $3.6 just a dead cat bounce? Ambcrypto 16 Mar 2025

Toncoin bulls face tough battle – Is $3.6 just a dead cat bounce? 📈

Toncoin has seen a significant 25% price bounce in just four days, partnered with high trading volumes. This indicates a short-term bullish trend for the cryptocurrency.

However, the question arises if this upward movement is a sustainable rise or simply a dead cat bounce – a fleeting recovery in the midst of a longer-term downtrend. Traders remain cautious as they navigate these turbulent market conditions.

Source: ambcrypto.com ↗

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