Toncoin (TON): Key Levels for the Next Move
🔥 Toncoin’s Strategy:
🩸 Long: Above $5.50, targeting $5.80 and $6.50. (Buy if price confirms support at $5.20 and breaks through $5.50)
🩸 Short: Below $5.20, targeting $4.50. (Sell if the support at $5.20 breaks and price moves down)
🔥 Toncoin’s Commands:
🩸 Resistance: $5.96 — The price needs to break this level to continue its upward movement.
🩸 Support: $5.20 — A critical support zone; if the price breaks this level, we might see further downside.
Market Context: The price is currently holding near the $5.36 range, testing the $5.20 support level. A break above $5.50 would lead to a potential target of $5.80. However, a break below $5.20 could push the price further down, possibly reaching $4.50. Keep an eye on the MACD and EMA indicators for confirmation.
👑 "Patience and precision will define the path forward—watch for the breakout above $5.50." — FinCaesar
🩸 Long: Above $5.50, targeting $5.80 and $6.50. (Buy if price confirms support at $5.20 and breaks through $5.50)
🩸 Short: Below $5.20, targeting $4.50. (Sell if the support at $5.20 breaks and price moves down)
🔥 Toncoin’s Commands:
🩸 Resistance: $5.96 — The price needs to break this level to continue its upward movement.
🩸 Support: $5.20 — A critical support zone; if the price breaks this level, we might see further downside.
Market Context: The price is currently holding near the $5.36 range, testing the $5.20 support level. A break above $5.50 would lead to a potential target of $5.80. However, a break below $5.20 could push the price further down, possibly reaching $4.50. Keep an eye on the MACD and EMA indicators for confirmation.
👑 "Patience and precision will define the path forward—watch for the breakout above $5.50." — FinCaesar
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.