š $TON /USDT: TESTING KEY LEVELS ā BREAKOUT OR CONSOLIDATION? ā”
The $TON/USDT pair is currently trading at 5.462, near significant support and resistance levels. Traders should stay alert as the market may be preparing for a breakout or consolidation phase.
š Trade Scenarios:
Entry Point: 5.462
Take Profit (TP) 1: 5.550
Take Profit (TP) 2: 5.650
Take Profit (TP 3): 5.800
Stop Loss (SL): 5.350
Support is found at 5.350, while resistance is at 5.550. A breakout above 5.550 could lead to further upside, targeting 5.650 and 5.800. On the downside, a drop below 5.350 may indicate bearish pressure.
š Market Outlook:
TON is currently testing support at 5.350, and if this level holds, the price could see a move toward 5.550 and higher. A breakout above 5.550 would confirm bullish momentum, while a break below support could lead to further downside.
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