COIN - $TON
SIGNAL - LONG
The TON coin chart presently exhibits a symmetrical triangle pattern, signaling market indecision. The RSI is rebounding near its midpoint, highlighting a potential resurgence in bullish momentum. Additionally, the stochastic oscillator is recovering from oversold conditions, further supporting a bullish outlook. While short-term price action may remain volatile or exhibit bearish tendencies, the broader timeframe indicates the potential for a bullish breakout toward higher resistance levels. Crucially, the price's ability to sustain key support zones underscores the strength of the longer-term bullish trend.
The TOTAL3 chart, excluding BTC and ETH, shows a promising bullish pattern in the longer timeframe. Indicators like RSI and stochastic are trending upward from neutral or oversold regions, hinting at improving market momentum. The formation of a "bull flag" pattern suggests consolidation before a potential upward breakout. In the short term, minor pullbacks or volatility may occur, but the longer timeframe aligns with a bullish continuation targeting higher resistance levels. The trend confirms positive sentiment for altcoins, reinforcing a constructive outlook for projects in the TOTAL3 category.
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This asset demonstrates robust liquidity zones and a consistent upward trajectory. Technical indicators suggest a short-term phase of bearish consolidation; however, the overarching trend continues to reflect bullish momentum.
Entry: 5.588 or Market Price
1st Tp: 6.143
2nd Tp: 6.633
3rd Tp : 6.917
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