Lingrid | TONUSDT bullish BREAKOUT Signals UPWARD Momentum
TONUSDT broke and closed above the downward channel, which was indicative of a correction phase. For the past two weeks, the price has been consolidating between 5.35 and 5.80. Last week, we saw a weekly doji candle, which typically signifies potential momentum in the market in case of breakout. Given that the price has already broke last week’s high, I believe the market will continue to push toward higher levels. If we see a retest of the channel boundary and the price rejects that level, we can anticipate further upward movement. My target is resistance at 6.00 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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