🚨💸 TON Trading Signal: Bullish Momentum Builds at $6.969 📊👀

TON's price is surging, up 7.17% in the last 24 hours to $6.969! 📈 Let's analyze TON/USDT market:

The overall trend is bullish, with price action recently breaking above the yellow (likely 20-period) and pink (likely 50-period) moving averages. We're seeing a recovery from a recent dip. 🐂📈

Key Levels:

Resistance: $7.081 (recent high)

Support: $6.855 (recent low)

Major Resistance: $7.186

Market Entry Strategy:

Given the current market conditions, a bullish scenario seems more likely:

=> Bullish Entry 🔼:

Entry: Buy at current level ($6.969) or on a slight pullback to $6.920-$6.940

Stop Loss: $6.850 (below recent low)

Take Profit Targets:

TP1: $7.080 (recent high)

TP2: $7.180 (near upper Bollinger Band)

TP3: $7.300 (extending the current trend)

=> Alternative Scenario (Caution) ⚠️:

If price fails to break above $7.081 and shows weakness:

Sell Entry: $6.920 (if price rejects from resistance)

Stop Loss: $7.100

Take Profit: $6.860 (recent low)

When to Enter:

- For the bullish scenario, enter now or on a minor pullback

- Watch for increased volume to confirm the trend

Caution ⚠️:

- The $TON market has already made a significant move up, so be aware of potential pullbacks

- Keep an eye on the overall crypto market sentiment, especially Bitcoin's movement

Remember, the crypto market can be highly volatile. Always use stop losses and don't risk more than you can afford to lose! 💼