Buckle up, traders! ๐ TON (TON/USDT) has just gone ballistic, shooting up by a whopping 42.30% to $6.193! ๐ It's like a rocket ship blasting off into the stratosphere, leaving all else in its dust. ๐ But don't worry, we've got our oxygen masks on and are ready to dive into the details. ๐ฏ
First off, let's talk range-bound scenarios. ๐ $TON is currently trading like a yo-yo between support levels of $6.120 and $6.060, and resistance levels of $6.216 and $6.231. ๐คนโโ๏ธ It's like a game of ping-pong, traders! ๐ Traders can play it safe by buying near support and selling near resistance, but where's the fun in that? ๐ด
Now, let's get to the juicy stuff โ the bullish scenario! ๐ If TON/USDT can break through the immediate resistance levels of $6.216 and $6.231, it's like a bull in a china shop (but in a good way)! ๐ We could see a rapid rise to the major resistance levels of $6.288 and $6.342, and if the buying pressure keeps up, TON could soar to the $6.500 to $6.700 range. Cha-ching! ๐ธ
But, as we all know, what goes up must come down (or so the saying goes). ๐ค In the bearish scenario, if TON's bulls lose steam and the price falls below the immediate support levels of $6.120 and $6.060, it's like a deflated balloon. ๐ We might see a retreat to the major support levels of $6.000 and $5.900, and if those levels break, TON could plummet to the $5.750 to $5.600 range. Yikes! ๐ฑ
So, there you have it โ the TON saga continues! ๐ Will it keep its upward momentum or take a breather? Only time (and the markets) will tell. ๐ฐ๏ธ Keep those eyes peeled on the support and resistance levels, and get ready to act when TON makes its next move! ๐ช Happy Trading!