TON/USDT Entry Strategy 📊👀

$TON is trading at $6.303, down 4.80% in the last 24 hours, indicating a significant correction from its recent high 📉.

=> Buy Market Entry (Primary Scenario): Given the overall uptrend and current correction, a long position might be favorable for a potential bounce 🚀.

When to enter: Wait for confirmation of support at the middle Bollinger Band ($6.301) or a bounce from the lower Bollinger Band ($6.226) 📊.

Confirmation: Look for RSI to stay above 50 and MACD to complete a bullish crossover 🔜.

Entry point: Set a buy limit order just above $6.301 (middle Bollinger Band) 💰.

Take Profit (T.P.):

1. Conservative: $6.376 (upper Bollinger Band) 🎯

2. Aggressive: $6.389 (recent high) 🚀

Stop Loss (S.L.): Place a stop loss just below the lower Bollinger Band at $6.220 🛑.

=> Sell Market Entry (Alternative Scenario): While less likely given the overall trend, a continued downward movement is possible if support breaks 📉.

When to enter: Wait for a clear break below the lower Bollinger Band ($6.226) with increased volume 📊.

Confirmation: RSI moving below 40 and MACD showing a strong bearish crossover 🔙.

Entry point: Set a sell limit order just below $6.226 (lower Bollinger Band) 💸.

Take Profit (T.P.):

1. Conservative: $6.150 (mid-point between recent low and current price) 🎯

2. Aggressive: $6.087 (recent low visible on the chart) 📊

Stop Loss (S.L.): Place a stop loss just above the middle Bollinger Band at $6.310 🛑.

Caution: The market is showing signs of volatility after a strong uptrend 🚨. The primary scenario leans bullish due to the overall trend, but be prepared for potential further correction 💸. Always use proper risk management and be ready to adjust your strategy as market conditions evolve 📊.