📈LONG: $TON /USDT (1D)
Analysis: The TONUSDT chart is forming a descending triangle, consolidating near the critical $5 level. This pattern suggests potential for a breakout if the price moves above the downward trendline. Recent tests show a tight trading range, hinting at possible bullish momentum.
Price Targets: If a breakout occurs, the first target would be around $5.95. A further push could reach $6.51, aligning with the upper resistance zone. However, if the price drops below $5, look for support near $4.37. Stay alert for volume spikes!