$TON Price Analysis: Gradual Recovery with a Bullish Setup .. 1st Target Achieved ... Soon will hit 2nd Target ..
$TON is trading at $5.369, reflecting a modest 0.69% gain in the last 24 hours. After dipping to a low of $4.775, the price has rebounded strongly, indicating buyer interest as it approaches a key resistance zone.
Key Levels to Watch:
Support: $5.20 – Critical to maintain upward momentum.
Resistance: $5.40 – A breakout above this level could trigger further gains.
Trade Setup:
Entry Point: Around $5.35 to ride the recovery wave.
Targets:
1. $5.50
2. $5.65
Risk Management:
Stop-loss: Set at $5.10 to manage potential downside.
Market Insight:
$TON’s recovery from the recent dip is showing signs of sustained buying interest, with the price approaching resistance at $5.40. A breakout here could open doors for a continued rally, making it a key level for traders to monitor.
