TON Surges to New Highs as Momentum Builds Despite Profit Taking Concerns

• TON's daily trading volume reached a new all-time high of $314 million, suggesting growing momentum and potential for further price increases.

• 95% of TON holders are currently profitable, the highest level since 2021, raising some concerns about potential selling pressure.

• However, historical trends show high profitable holders haven't always triggered sell-offs, and there's still 22% upside to reach previous all-time highs.

• Technical analysis shows a bullish outlook, with EMA crossover and current prices above EMA lines indicating an upward trend.

• If uptrend continues, TON could see significant gains, possibly surpassing $4 which would represent a breakout not seen since 2021.