#TONUSDT | DAILY TIMEFRAME UPDATE
I'm currently watching #TON to reach the $6.056 - $6.366 zone, where we'll be looking for potential short positions.
Why is this grey zone so important? 🤔
This area, as seen on the weekly chart, is a key bearish order block and also represents the premium zone for #Toncoin. Once the price enters this region, we’ll shift to the 1H timeframe to look for confirmation signals before entering a short position.
As soon as confirmation is established within the grey zone, I'll provide the target levels. ✅
Invalidation for this setup is above $6.900.
I'm currently watching #TON to reach the $6.056 - $6.366 zone, where we'll be looking for potential short positions.
Why is this grey zone so important? 🤔
This area, as seen on the weekly chart, is a key bearish order block and also represents the premium zone for #Toncoin. Once the price enters this region, we’ll shift to the 1H timeframe to look for confirmation signals before entering a short position.
As soon as confirmation is established within the grey zone, I'll provide the target levels. ✅
Invalidation for this setup is above $6.900.
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TON
5.485
-1.43%
Replies 0
