$TON /USDT Technical Analysis & Market Update
Current Price: $5.558 (+5.89%)
TON has shown an upward movement with a positive momentum, making it likely to test the higher resistance levels.
Resistance: The immediate resistance is at $5.665. A breakout above this level could push the price towards $5.950.
Support: The support level to watch is $5.442. If the price drops below this, it may test the lower support at $5.380.
Trading Strategy:
- Long Trade: Enter above $5.665, targeting $5.950 with a stop-loss at $5.442.
- Short Trade: Enter below $5.442, targeting $5.380 with a stop-loss at $5.665.
