$TON TON/USDT on the 1-hour chart, showing that the price is testing a strong resistance zone at $6,625. Here is a brief analysis:
1. Resistance and support:
• Resistance: $6,625 - $6,690 zone, where the price has been rejected multiple times before.
• Support: $6,216 zone, where the price bounced during previous corrections.
2. Price action:
• Current price ($6,465) is approaching the resistance zone.
• Trading volume is slightly increasing, signaling that buying pressure is increasing.
3. Potential scenario:
• Upward breakout: If the price breaks above $6,690 on high volume, the next target could be at the $7,000 zone.
• Resistance rejection: If price fails to break above $6,625, correction to support zone $6,216 #TONCOİN