Just and IDEA about TON coin
Updated
Ton coin
It seems After a big move from $2.50 to $7.14, it started trading in a range between $7.20 and $4.60.
For buying strategies, I think it’s better to buy after it breaks out and stays above $7.20. But if it loses the dynamic and static trend lines, it could drop back to the support at the start of the range, which is around $4.60.
Since it has already hit that area and the 200 EMA is slightly below it, it might break through and reach the 200 EMA, possibly dipping slightly below with shadow .
I believe This 200 EMA is a key support level for long-term holders.
please let me know if you think
It seems After a big move from $2.50 to $7.14, it started trading in a range between $7.20 and $4.60.
For buying strategies, I think it’s better to buy after it breaks out and stays above $7.20. But if it loses the dynamic and static trend lines, it could drop back to the support at the start of the range, which is around $4.60.
Since it has already hit that area and the 200 EMA is slightly below it, it might break through and reach the 200 EMA, possibly dipping slightly below with shadow .
I believe This 200 EMA is a key support level for long-term holders.
please let me know if you think
Trade active
"Nothing special has happened yet in this time frame."Trade active
Boring time frame , Nothing special has happened yet in this time frame.Trade active
In this timeframe, it's likely to return to the orange trend line again. Based on the reaction, we'll decide what to do next.Trade active
The price is on track to face resistance at 7.25. Overcoming this key level and establishing stability above it is essential for further price increases. Close attention should be paid to market reaction at this critical juncture. The orange line remains a potential target, and its touch should not be ignored.Trade closed: target reached
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