4-hour time frame for the $TON /USDT trading pair, and we can identify a potential bullish move toward the key target points (TP1 and TP2). Let’s break down the analysis and the potential pathways to these targets.

Analysis:

Support Zone (Purple Boxes):
The price has completed a proper breakdown earlier and is now climbing back from a support zone around $5.100 - $5.200. This area served as a reversal point, providing a solid base for a bullish momentum.

Current Price Action:
TON/USDT is currently trading around $5.275 after a strong upward move from the target support level. The price is heading toward the first resistance zone.

Resistance Levels:

TP1 ($5.683): The first resistance level sits at $5.683, which was a previous support area that broke down. This level now acts as the first target, where the price may face resistance as it tests this critical level. A breakout above this level would likely confirm continued bullish momentum.

TP2 ($5.986): If the price successfully breaks through the TP1 resistance and maintains upward momentum, the next target is $5.986. This level marks a significant previous resistance zone, where sellers may look to enter the market.

Strategy for TP1 and TP2:

Path to TP1:
The current price action is bullish, and the price is moving towards $5.683. If the upward trend continues, the price will likely test this resistance.

Path to TP2:
If the price breaks and holds above $5.683 (TP1), the next target is $5.986. Traders can expect some consolidation between these levels, but the strong buying momentum could push the price to test TP2.

Summary:

Bullish Targets:

TP1: $5.683TP2: $5.986

Support: $5.100 - $5.200Watch for a clean breakout above $5.683 for confirmation of further upside potential toward $5.986.

Traders should be cautious of pullbacks near key resistance levels and watch for breakout confirmations before entering trades.

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