🚀 TON: Another Correct Prediction & Momentum Continues! 🚀

Hey Guys! $TON has been on 🔥reaching $5.88 from the initial $4.60 entry point we previously identified! This bullish momentum shows no signs of stopping, but what’s next? Let’s break down the chart:

📊 EMA Analysis:

TON is trading above the 50 and 200-period EMAs, indicating strong upward momentum. The EMA 50 is providing support, and we are comfortably above the EMA 200, confirming the long-term bullish trend! 💪

💡 Support & Resistance:

Immediate Support: $5.60, which aligns with the EMA 50.

Next Resistance: Watch for $5.90-$6.00. A breakout above this level could open the doors to new highs! 🚀

📈 Volume: Increasing volume signals strong buying interest. As long as the volume holds, expect continued upward movement.

🔍 MACD: Bullish momentum remains, though the MACD lines are converging. A potential crossover could signal short-term consolidation, so watch closely! 📉

💥 RSI (Relative Strength Index):

RSI(6) is 46.26, and RSI(12) is 55.61, both in neutral territory. This suggests TON has room to grow before becoming overbought again. 📈

🔑 Recommended Entry & Exit Points:

Entry: Consider buying around the $5.60-$5.70 range, where support from the EMA 50 should hold.

Take Profit Levels:

First target: $5.90-$6.00, key resistance level.

Second target: If the breakout continues, aim for $6.20-$6.30. 🎯

Stop Loss: Place a stop below $5.50 to protect against downside risk.

⚠️ Key Takeaway: TON continues its bullish march, with a solid trend above the EMAs and a breakout nearing $6.00. While MACD hints at short-term consolidation, RSI suggests there’s more room to run! Keep an eye on $5.60 for entries and $5.90-$6.00 for profits!

💬 What’s your next move? Holding for new highs or locking in profits? Let’s discuss below! 👇

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