๐จโ ๏ธ $TON SLIPPING, BUT SHOWING SIGNS OF A BOUNCE โ IS A REVERSAL COMING? โ ๏ธ๐จ
TON/USDT is currently trading at 4.658, down by -2.96% after facing strong selling pressure. But thereโs a glimmer of hope as the chart shows a potential for a bounce back. Will TON rebound, or is there more downside ahead?
๐ฅ Current Price: 4.658
๐ฅ 24H High: 4.803
๐ป 24H Low: 4.542
๐ก KEY LEVELS TO WATCH ๐ก
๐ง Resistance at 4.800 โ A move above this level could signal a shift in momentum, opening the doors for a recovery rally. Bulls will want to reclaim this zone to strengthen a potential uptrend.
๐ Support at 4.540 โ This support level is crucial. If TON breaks below, it might invite additional selling pressure, pushing the price further down.
๐ CRUCIAL TURNING POINT FOR TON โ WHAT'S NEXT? ๐ฎ
โ ๏ธ Bearish Possibility: A breakdown below 4.540 could trigger another leg down, as sellers intensify their grip on the market.
๐ Bullish Potential: If TON bounces back and breaks above resistance at 4.800, we could see a reversal with buyers stepping in to fuel a recovery.
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