$TON
๐ TON/USDT Technical Analysis: Key Levels at $5.651!
The TON/USDT pair is trading at $5.651, holding steady in a critical zone. Hereโs a closer look at the technical setup:
Support Zone: The price is near a significant support level at $5.60. A breakdown below this could lead to further declines toward $5.40. If the support holds, buyers may step in for a rebound.
Resistance Levels: Immediate resistance lies at $5.80, with a stronger barrier at $6.00. A break above $6.00 could trigger bullish momentum toward $6.20.
๐ Momentum Analysis: The price is consolidating, with mixed market sentiment. A decisive move is likely as trading activity builds up near key levels.
Trading Strategy:
Long Entry: Enter above $5.80, targeting $6.00โ$6.20, with a stop-loss below $5.70.
Short Entry: Short positions are viable below $5.60, targeting $5.40, with a stop above $5.70.
TON is at a critical pointโwatch for breakouts or breakdowns and trade with discipline. Manage your risk carefully and stay updated with market trends! ๐โจ
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