$TON /USDT Trading Update!
Current Price: $5.299
🔵 Resistance Level: $5.460 – This is the highest price point TON reached in the last 24 hours. Consider setting your targets near this level if you're planning a long trade!
🟣 Support Level: $5.198 – Noticed this as the lowest point today? It's crucial as a potential rebound area or a defensive stop-loss point for our trades.
📈 Entry Strategy for Long Trade:
Enter above: $5.300 right after a minor resistance breakout.
Target 1: $5.350
Target 2: $5.400
Target 3: $5.460
🛑 Stop Loss: $5.195 to protect your trade against any unexpected drop.
💡 Trade Tip: Keep an eye on volume changes! A high trading volume can validate the breakout above resistance, increasing confidence in hitting our targets.
📊 What's next? If TON maintains above $5.300, it's a bullish signal. However, be ready to adjust strategies if it dips below our support, indicating a potential shift.
Happy Trading! 💼💹
#TON #CryptoTrading #Binance #Write2Earn! #BitwiseFilesXRPETF