đ TON/USDT Analysis: Key Levels and Entry Points
1. Support and Resistance Levels:
Support (Buy Zone): The $6.50 level acts as a strong support. Buyers are likely to step in around this price, preventing further declines.
Resistance (Sell Zone): The $6.85 level is a critical resistance. If TON breaks above it, we may see an upward continuation.
2. Triangle Breakout:
TON is consolidating itself within a symmetrical triangle pattern.
Entry Point: Consider buying on a breakout above $6.85 or selling on a breakout below $6.50.
Risk Management: Set stop-loss orders to protect your capital.
3. Volume Confirmation:
Watch for spikes in volume during the breakout. High volume validates the move.
Target: If the breakout occurs, the next target could be around $7.50.
Remember, always do your own research and adapt your strategy based on market conditions. Happy trading! đ
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