The TON/USDT chart is at a critical decision point, presenting a potential trading opportunity:
๐น Descending Triangle: Price is consolidating within a descending triangle pattern. While typically bearish, a breakout above the trendline could signal a bullish reversal.
๐น Strong Demand Zone: The green support zone at $4.40โ$4.90 has shown multiple price bounces, highlighting strong buyer interest.๐ฅ
๐น Accumulate Near Support: Buy near the green support zone to maximize your entry value.
๐น Confirmation Entry: Buy after a breakout above the descending trendline for a more secure setup.
๐ Profit Targets: Clearly outlined on the chart for effective exit strategies.
This setup holds potential for significant upside if support levels hold or a breakout occurs. Keep a close eye! ๐๐
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