🚨 $TON /USDT Ascending Trend Alert – Big Moves Incoming! 🚨
TON has broken out of a key structure and is now heading towards major resistance levels. The price is moving in an ascending channel, and the targets are clearly in sight.
📈 Current Price: $5.799
🔼 Resistance Levels:
Immediate resistance at $6.831 (Target 1)Next resistance at $6.911 (Target 2)
🔽 Support Levels:
Strong support at $5.600 (critical level to hold)Lower support at $5.000 (if momentum weakens)
⚠️ Trade Setup – Stay Focused!
Bullish Scenario (Long Trade): Look to enter above $5.800 with targets at $6.831 and $6.911. Warning: If the price fails to hold above $5.600, this setup could break down quickly.Bearish Scenario (Short Trade): If price falls below $5.600, short entries targeting $5.000 could become valid.
📊 Key Insights – Heading Toward $6.911!
The price is within an ascending channel, signaling potential strength, but resistances at $6.831 and $6.911 will be tough hurdles.Warning: A failure to break through $6.831 may trigger a pullback, especially if momentum fades around that level. Watch closely for any rejection patterns.
💡 Risk Management – Keep Your Guard Up!
Set stop-losses below $5.600 to avoid getting trapped in a potential reversal.Be cautious of increased volatility as TON approaches the resistance zone near $6.831 and $6.911.
🚨 FINAL ALERT: We’re close to a critical price zone – either it breaks through to new highs or experiences a sharp rejection. Stay sharp, and be ready to act fast!
Keep an eye on this setup and stay prepared for rapid price movement!
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