TONUSDT The thing is that recently most of the crypto charts looks like absolute shit that can move up or down at exact same percentage , this split traders into two group one think it's going up and one think it will go down , this will create thick walls of support and resistance that is hard to break , very good opportunity for whales to accumulate without causing the price to jump up , this also create massive liquidity for next moves
TONUSDT Why I'm saying accumulation ? 1_because open interest is rising , 2_ symmetrical triangle at this extreme drops usually means accumulation and not continuation of downtrend , we can go still go lower but I expect any move lower than this to reverse by a sharp reversal price actions