đ$TON (4H)
Analysis:
TONUSDT breaks and closes above the downward channel, signaling a potential correction phase. After consolidating for 2 weeks between 5.35-5.80, the appearance of a doji candle last week hints at building bullish momentum with a possible breakout.
Price Targets:
If the bullish momentum continues, look for resistance at 6.00. A break above this level could push the price further north. On the downside, support levels stand at 5.48 and 5.38 where a reversal might happen.
