🚀 $TON /USDT Technical Analysis 📊
The TON/USDT pair is showing strong bullish momentum, currently sitting at $5.49 (+4.09%) after testing the key resistance at $5.50. Let’s dive into the chart and analyze key support and resistance levels that could shape the next moves in the market.
📈 Key Levels to Watch:
1️⃣ Target 1: $5.60
The price is currently nearing the 24h high of $5.50, and a successful breakout above this level could push the price towards $5.60. This level aligns with previous resistance and could offer a nice rally opportunity for the bulls.
2️⃣ Target 2: $5.80
If the bullish trend continues with solid volume, $5.80 is a strong target. This zone has shown resistance in the past and could be the next major hurdle before the price targets higher levels.
3️⃣ Target 3: $6.00
The ultimate bullish target for TON/USDT lies at $6.00. A sustained rally and positive market sentiment could drive the price towards this level, making it an attractive target for swing traders and long-term investors.
⚡ Support Zone:
In case of a pullback, watch the $5.20 level as a potential support. A bounce from this zone could offer a perfect entry for traders looking to buy at a lower price.
💡 Key Takeaway:
Stay alert for breakouts above $5.50 to confirm the bullish trend continuation. If TON/USDT holds above the support zone, expect a potential rally to $5.60 and beyond.