what's going with TON?

Technical analysis:
$TON
TON
2.943
+5.33%
1. Current price: 2.925 USDT, which is very close to the highest price in the last 24 hours (2.927 USDT).
2. Price change: the coin has risen by +7.26% during the day.
3. Trading volume:
TON Trading Volume: 6.88 million TON in the last 24 hours.
USDT Trading Volume: 19.47 million USDT, indicating good activity.
4. Technical indicators:
Relative Strength Index (RSI): at 89.016, indicating that the coin is in the overbought zone, and there may be a price correction soon.
MACD indicator: shows a positive crossover, indicating bullish momentum, but the divergence is slight.
Predictions and advice:
1. Caution regarding correction: RSI is very high, indicating a significant probability of price decline soon due to profit-taking.
2. Support and resistance:
Nearby resistance at 2.927 USDT, and if broken, we may see further upward movement.
Strong support at 2.701 USDT, which is the lowest price in the last 24 hours, and in case of a drop, it may be a good buying zone.
3. Decision:
If you are a short-term investor, it might be a good idea to take profits now or set a close stop-loss order.
If you are a long-term investor, you can wait for a price correction to enter at a lower price.
My opinion: The market shows bullish momentum, but the high RSI indicates a potential correction soon. Price movement can be monitored and confirmation signals awaited before making any decision.