Note: I try my best to make it easy to understand. Hope you like it.
Right now $TON , price is at $5.812, which is a bit higher than before. This suggests that the market is gaining some strength, and buyers are stepping in.
There is a strong resistance level at $7.20, meaning the price might face difficulty moving above this point. Another resistance level is near $6.43, where the price might also slow down. If the price moves past these levels, it could go much higher.
On the downside, there is a solid support level at $4.775, where the price has bounced back before. If the price drops again, it might find support at this level and rise back up. Another smaller support is near $4.65, which could help stop further declines.
The volume shows that more people are trading this token, which is a good sign. However, the short-term moving average is still below the longer-term one, meaning the market could still change direction.
If the price can stay above $5.80, it has the chance to move higher and test the resistance at $6.43. But if it falls below this level, it might test the support near $4.775 again.
Keep an eye on the trading volume and whether the price breaks above or below these key levels to understand the next move.