Analyst Reveals Ideal DCA Strategy for $TON as Price Eyes $10 Target

As the crypto market sees a slight pullback, Toncoin (TON) trades at $4.9 with an intraday dip of 0.76%. With a market cap of $12.6 billion and trading volume surging to $350.1 million, TON is catching the attention of analysts who suggest a strategic approach.

DCA Strategy for TON Investors

Crypto analyst Burakkesmeci recommends a Dollar-Cost Averaging (DCA) strategy for Toncoin as it approaches key support levels on its Price Heat Map. This tool, based on the one-year moving average and multipliers, highlights critical support zones, with TON currently positioned in the “cool” zone, which is favorable for accumulation.

Historically, TON dips below this average during bear markets, but with a potential bull cycle underway, this drop could present an attractive risk/reward opportunity. If TON reaches the Sigma8 level, it could offer strong profit potential with relatively low volatility, making it ideal for DCA.

Investors watching for long-term gains may find this a valuable entry point as Toncoin eyes a run toward the $10 mark.#BinanceBlockchainWeek #USJoblessClaimsDip #CryptoPreUSElection #EthereumPectraUpgrade