The decline of Telegram's so-called "tap-tap games" has also seen the TON token take a hit - sliding 67% from its peak. However, I personally believe TON still holds potential for a 50-80% recovery, possibly starting as early as next week.
From what I'm observing, the initial target is around $4.40. If TON reaches this level and holds, it would enter what I call the "golden zone." At this level, we'd likely see a period of stabilization or consolidation, which will be key in determining TON's future trajectory.
Currently, there are no major upcoming news events that are expected to impact TON directly. But my main point of concern is the overall market sentiment. The market, in its present state, feels overheated, and a cool-down period seems to be approaching, which may affect short-term momentum.
But in the long run, I see strong potential for TON to recover and continue its climb.
So, my advice would be to invest in batches rather than going all in at once. Practice DCA (dollar-cost averaging) especially if a market correction begins. Otherwise, TON may be on the verge of a breakout.
Request By: @kimkylanBTC To Analyse #TON
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