🚨 TON Price Analysis: Is a Breakout Imminent? 🚨
The TON/USDT 4-hour chart reveals key levels where TON is currently consolidating. Understanding the Volume Profile is crucial to predicting the next move.
Volume Profile Analysis:
Point of Control (POC) at $6.60: This level indicates the highest volume area, acting as a strong magnet for price action.
Value Area High (VAH) at $6.80: Resistance zone where sellers could step in.
Value Area Low (VAL) at $6.30: A critical support level to watch for potential rebounds.
Current Price Action:
TON is hovering around $6.575, slightly below the POC, signaling indecision in the market.
If price breaks above the POC ($6.60) and sustains, a test of $6.80 (VAH) is likely.
A failure to hold above $6.60 could lead to a retest of $6.30 (VAL).
👉 Strategy Tip: Watch for volume spikes at these key levels to confirm potential breakouts or breakdowns.
💬 What’s your take on TON’s next move? Drop your thoughts in the comments and share this analysis!
