📈LONG: $TON by (1W)
#TONUSDT | #TON | #Toncoin
Current Price $4.78
Market Cap $12.16B
Change 1h -0.53% | 24h +2.62%
Weekly Indicators:
• EMA: 6.06 - Below 🔴
Analysis:
After the weekly candle closed below the midline, it looks like TON might drop further to the bottom of the channel and complete the ABC pattern. This suggests a dip before we could see a rebound. Significant support can be seen anchored at about $4.3.
Price Targets:
Keep an eye on $4.3 for strong support, where a bounce seems likely. A potential drop to the channel bottom around $3.0 could complete the ABC wave, setting the stage for rebound targets at around $5.5 and $7.0 later.