🚨TON/USDT: Bulls Fight Back, Eyeing Key Resistance 🚀📊

Toncoin (TON) has been hovering near its moving averages for the past two days, suggesting that bulls are buying at lower levels. 🛡️ The RSI is moving toward the midpoint, hinting that bearish momentum is weakening, and a breakout above the moving averages could be imminent. 📈

If the TON/USDT pair breaks above this level, it may rise to $6, where sellers are expected to put up a strong defense. 🔼 On the flip side, the first sign of weakness would be a close below $5, which could drag the pair down to the $4.72 to $4.44 support zone. Buyers are likely to fiercely defend this area, as a break below it could initiate a fresh downtrend. 📉

Will the bulls push TON higher, or will the bears take control? Stay tuned! 🐂 vs 🐻

$TON

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