$TON /USDT ๐ Rally Breakout The Resistance Zone potential For Upside move! ๐ฅ
The TON/USDT pair has surged, hitting $6.031, a 5.49% ๐ gain in 24 hours! ๐ฅ It's broken out of the $5.80 consolidation zone, which was a strong resistance, now acting as key support. ๐ช
Key Trade Levels:
* Long Entry: ๐ A dip to $5.80-$5.87 (support) could be a prime long entry, targeting $6.18-$6.35. ๐ฏ
* Short Entry: โ ๏ธ Watch for rejection near $6.20-$6.25 to short, aiming for $5.85. ๐
Market Analysis:
TON/USDT is bullish with higher highs and higher lows. ๐ If the momentum keeps up, we could see $6.40 or higher. โฌ๏ธ However, a break below $5.80 ๐ป could signal weakness, leading to a deeper retracement towards $5.60. โฌ๏ธ
Next Move:
* Bullish continuation depends on holding above $5.95. ๐ช
* Consolidation above $6.00 could attract more buyers for the next leg up. ๐
Always manage your risk! โ ๏ธ Place stops below $5.75 for longs and above $6.30 for shorts. ๐ Stay alert to market reactions at key levels. ๐ง
