### đ¨ Emergency Update: TON/USDT đ¨
#### Recent Developments
Toncoin (TON) has seen significant updates. Users can now transfer USDT via TON Wallet for free, with a $30M TON token distribution to USDT holders. Additionally, Tether's USDT has launched on the TON blockchain, aiming to enhance liquidity and activity within Telegramâs massive user base.
#### Technical Indicators
TON recently dipped below its ascending trendline, hitting $7. However, low trading volumes suggest a potential false breakdown. Historically, such patterns have led to substantial rebounds. If TON recovers above the trendline, a 60% rally is possible in Q3 2024.
#### Conclusion
With the current setup and positive news, TON/USDT shows strong bullish potential. Consider a **buy/long** position, watching for a break above key resistance levels for confirmation.
