$TON Will hitt 6$ tonight:
Predicting whether TON will hit $6 tonight depends on several factors, such as market sentiment, volume, and broader crypto market trends. Here's a breakdown:
Bullish Case:
1. Momentum Rebound: If TON bounces off the $5.55 level with strong buying pressure, it might retest the $5.83 resistance and potentially break toward $6.
2. Volume Surge: A sudden increase in trading volume or positive market sentiment (e.g., news or Bitcoin rallying) could push TON above $6.
Bearish/Neutral Case:
1. Resistance at $5.83: TON has shown difficulty breaking this resistance, which may limit upside movement.
2. Lack of Buying Volume: Without significant buying interest, the price may stay in the $5.40–$5.80 range.
3. Stochastic RSI: Currently oversold, it suggests a potential bounce, but the upside may not be strong enough to hit $6 tonight.
Likelihood:
TON hitting $6 tonight is possible but would require:
Strong bullish momentum.
Breaking above the $5.83 resistance decisively.
Sustained volume.
If these conditions aren't met, TON is more likely to trade within its current range. Monitor the $5.60 level closely — breaking it convincingly could indicate a move toward $6.