$TON
Point Analysis and Trading Strategy
Key Levels
• Support Level: $5.26 (short-term support), $5.00 (important support).
• Resistance Level: $5.60 (short-term resistance), $6.00 (strong resistance).
Market Analysis
TON is currently in a corrective consolidation phase, with prices pressured below the MA(25) moving average ($6.23), while the MACD remains in the bearish territory, although selling pressure has eased somewhat. In the short term, prices may continue to fluctuate between $5.26 and $5.60. If there is a breakout above $5.60, it may challenge $6.00.
Strategy Suggestions
1. Bullish Strategy:
• Entry: Accumulate long positions in the range of $5.30-$5.40 in batches.
• Stop Loss: $5.20.
• Target Levels: $5.60, $6.00.
2. Bearish Strategy:
• Entry: Light short positions near the $5.60 resistance level.
• Stop Loss: $5.65.
• Target Levels: $5.30, $5.00.
Risk Reminder
The short-term trend of TON is leaning towards consolidation, it is advisable to control positions and respond flexibly to the breakout or pullback of key levels.
Conclusion: Conservative investors may wait for a price breakout above $5.60 before adding longs, while aggressive investors may consider trying to accumulate near support levels.