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.
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