keep in mind, the GREEN Candle is Bearish and the RED Candle is a Bulish for this chart, which mean if the chart goes lower and lower the price is increased
First Scenario : Tone is still on correction and quite far away from support level, even the support level is really thicker which mean some whales probably will buyback if the price hit that level.
Second Scenario : Tone almost breakingout the resistence level (the oranges line) which if it break through it may indicate the start of strong bullish for Tone
Keep in note:
-This is not financial advice, this is my thought about price on Pancake based on the liquidity
-I Do sure Tone team didn't force people to sell or buy cuz that is your decision
-It may normal if the pullback happen cuz buyer need some rest before continue and seller take control over the market, means Tone has organic and fair market competition
First Scenario : Tone is still on correction and quite far away from support level, even the support level is really thicker which mean some whales probably will buyback if the price hit that level.
Second Scenario : Tone almost breakingout the resistence level (the oranges line) which if it break through it may indicate the start of strong bullish for Tone
Keep in note:
-This is not financial advice, this is my thought about price on Pancake based on the liquidity
-I Do sure Tone team didn't force people to sell or buy cuz that is your decision
-It may normal if the pullback happen cuz buyer need some rest before continue and seller take control over the market, means Tone has organic and fair market competition