🚨 $TON Alert 🚨 Current Price: $5.697 Resistance: $5.800 Support: $5.600
Analysis: $TON/USDT has shown relatively stable movement within a tight range, as observed on the 4h chart on Binance. The price has been oscillating between the key resistance level at $5.800 and support at $5.600. This consolidation suggests a balance between buyers and sellers, with neither side currently gaining significant control.
Prediction: If $TON/USDT can sustain above $5.697 and break through the resistance at $5.800, it might push towards the next target around $6.000, driven by bullish momentum. Conversely, a break below the support level of $5.600 could lead to a retest of lower levels, possibly around $5.400. Traders should watch these levels closely for potential breakout or breakdown signals.
