Everyone writes about $NOT , but no one analyze #TON here. I believe it will be new ETH in the near future, as it is building ecosystem for app that over 1 billion people have on their phones. It will be much much bigger, than what ETH shown in previous years.



Regardless of how good it is from fundamental point of view, chart looks a bit overstretched. Since my first signal to buy it under $2.5 (February 28th) it went up more than 260%. Plus more entries on the way up. So where to catch it next?

Lets see what we have:
🔸Week 20SMA at 6.44 - important moving average at high timeframe. Act as dynamic support.
🔸Stops hiding under Feb 5th low at 6.375 - magnet for price
🔸Next liquidity pool under $6
🔸May 3rd breakout level that left a gap and bullish breaker at 5.42

To confirm bounce from W20SMA TON should pump in one impulse above ~7.3 - if that happens, buying in between 7 and 7.2
Otherwise waiting for stop hunting dips and either entering small at each level, or waiting for reversal pattern and buying higher (for safer approach).