CoinOtagToncoin Nasdaq reprimand refers to Nasdaq’s notice to TON Strategy for issuing stock without shareholder approval to fund a $272.7 million Toncoin purchase, leading to an 8.07% price drop and
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Analysts suggest stabilization above $0.165 is crucial for recovery, with a daily close above $0.18 needed to counter bearish momentum.
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The move reflected cautious accumulation rather than broad conviction, as trading volumes remained below trend despite multiple volatility spikes during the session.
