The TONCOIN rate today is below $7, but there is still a chance for continued growth. We are definitely talking about continuing as long as the price is above the volume level of $6,484.

The ascending structure of candles on the daily TF has not yet been broken. Although the daily candles yesterday and today already look like a reversal, we can still continue to grow until May 16 inclusive. Especially if the rumors about a listing on Binance come true (but for now these are just rumors).

For now, we hold the entire position in a spot trade. At the very least, the withdrawal of liquidity will occur after the high on April 11 - the price should be formalized.

But the moderate-risk option now is to set take profit immediately after the high on April 11th. If someone entered using our setup, the profit is quite good even now, +35.15% without shoulders.

You can also, as an option, place a stop loss immediately below $6. Because if the price goes below the volume level of 6.153$ from the current one, there is a risk that the “Double Top” will be canceled and a correction will start. But this is not our option, because the asset is prone to long squeezes, and we still consider the growth to be incomplete. This option is more likely for those who are afraid of missing out on profit and it is very important for them to close this deal with a profit.

In general, in general, for TONCOIN there are more and more arguments for an aggressive and long-term markdown. Unpopular opinion, while many are waiting for $10-15-20. But what is it? Of these three targets, only the first one will be able to get an impulse from the price during this growth. And only if he makes it before May 16th.

We expect a markdown similar to the one that began for TWT in December 2022. Therefore, the plans are clear for now - to close the speculative deal this week and leave the asset for a long time. There will only be an investment purchase of TONCOIN in the portfolio of crypto wallet tokens, which began to be collected in December 2022. With an average entry point of $2.1194.