๐ $TON /USDT: TESTING KEY LEVELS โ BREAKOUT OR PULLBACK? โก
The $TON/USDT pair is currently trading at 5.693, holding steady near crucial support and resistance levels. Traders should monitor these key zones for a potential breakout or retracement.
๐ Trade Scenarios:
Entry Point: 5.693
Take Profit (TP 1): 5.850
Take Profit (TP 2): 6.000
Take Profit (TP 3): 6.200
Stop Loss (SL): 5.500
Support is at 5.500, while resistance is at 5.850. A breakout above 5.850 could fuel bullish momentum, with potential targets at 6.000 and 6.200. A drop below 5.500 could signal bearish pressure and lead to a move toward lower levels.
๐ Market Outlook:
TON is holding above 5.500 support, suggesting potential for an upward move if it clears 5.850 resistance. A breakout above resistance would confirm bullish strength, while failure to hold support could lead to a pullback.
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