TON Technical Analysis: Potential BOUNCE in Sight??
The price of #TON has found support around the $6.00-$6.25 zone, hinting at a possible reversal. This could be an opportunity for traders looking to enter a long position.
Here's a breakdown: 💔
Support Area: $6.00-$6.25 - This zone has acted as a buying zone in the past, potentially indicating a buying pressure when the price reaches this level.⚡
Resistance Area: $7.25-$7.40🟥 - If the price breaks above the support, this area could act as a hurdle to overcome before further gains for $TON .
Long Position Entry🟩: Consider opening a long position near the support area with a tight stop-loss order below the support zone to limit potential losses.💥
