$TON

The Calm Before the Storm: Will TON/USDT Breakout or Breakdown?

In the 4-hour and 1-hour TON/USDT charts, we observe a period of low volatility following the peak at 7.269. The Bollinger Bands are tightening, indicating reduced price movement and hinting at an impending breakout. The price is hovering just above the mid-band, showing indecision in the market.

The MACD is flat, lacking clear momentum, and the RSI remains neutral, not favoring bulls or bears. Stochastic RSI, slightly in the lower zone, suggests a possible bullish reversal might be on the horizon, but the signal isn't strong.

Volume is decreasing, a sign that traders are waiting for a decisive move. If the price can break above the 7.269 resistance, we could see a strong bullish run. However, if it fails, a drop to the lower Bollinger Band around 6.05 could be on the cards. Watch closely—the next move could be significant.