1Day Analysis .
A rising wedge formation is appearing on the #TON daily chart. This structure is bearish, and the RSI is also showing bearish momentum. However, #TON remains one of the stronger coins in this market. We expect it will hold the lower trend line, which coincides with the daily MA50. If it holds this support, the targets are:
🎯$8.288
🎯$8.948
🎯$10.131
🎯$11.635
👉🏼We will buy #TON on every dip!🚀 The supports are:
🛡$6.715, which is around the daily MA50
🛡$5.940, which is around the daily MA100
🛡$5.215
🛡$4.489, which is around the daily MA200
🫡If #BTC goes down to $60,000 ~ $57,000, all of our #TON buy orders will be filled.