$TON $TON $TON
TON/USDT Technical Analysis: Bullish Momentum
The TON/USDT pair is currently displaying bullish momentum, trading at £5.055 (+1.00%). The price has broken above the key resistance level of £5.000, indicating strong buying pressure. A potential entry strategy is to buy on a pullback to the newly established support level at £5.000.
Key Support and Resistance Levels:
* Support: £5.000
* Resistance: £5.147
Trading Strategy:
* Buy Entry: Consider buying on a pullback to the £5.000 support level.
* Stop-Loss: Place a stop-loss order below the recent swing low to manage risk.
* Take-Profit: Set a take-profit target at the next resistance level, which is currently £5.147.
Disclaimer: This analysis is not financial advice. Do your own research or consult a financial advisor.
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