$TON / $USDT Chart Analysis & Trading recommendation:
đ Enter a long position at $6.8704 with 7x leverage, stop-loss at $6.6895, and take profit at $7.1092.
The trend is currently neutral to slightly bullish. The price is moving above the key moving averages (MA5, MA10, MA20, MA40), which are converging closely, indicating a potential consolidation before the next move.
Support and Resistance Levels:
Given the tight price range and the converging indicators, be cautious of false breakouts and watch for volume confirmation before fully committing to a position.
Support: $6.8318 (recent low near the current price), $6.6895 (20-MA level).
Resistance: $7.1092 (recent peak), $7.2601 (higher resistance level). Click for Vote
#CryptoMarketMoves #LowestCPI2021 #CryptoMarketMoves #BinanceTurns7
