⚡ Toncoin (TON/USDT) – Bullish Reversal in Play? 📈
TON just tapped into a high-confluence Long Zone between $2.80 – $2.337, which acted as a powerful demand area during the last consolidation phase in late March. After a sharp drop today, price is now sitting at a key decision level. 🟢
🔹 Long Zone: $2.80 – $2.337
🔹 Historical Support: Held in late March before a significant run
🔹 Target: $4.20
📈 If price holds this zone, we could see a strong bullish reversal toward the $4.20 region or above. The descending wedge pattern hints at a textbook accumulation-to-expansion setup—but only with proper confirmation. 🚀
🟢 High reward-to-risk setup for swing traders watching for trend shifts.
⚠️ Don’t rush in. Look for signs of strength before entering.
Are you bullish on TON/USDT? Let’s discuss! 👇
TON just tapped into a high-confluence Long Zone between $2.80 – $2.337, which acted as a powerful demand area during the last consolidation phase in late March. After a sharp drop today, price is now sitting at a key decision level. 🟢
🔹 Long Zone: $2.80 – $2.337
🔹 Historical Support: Held in late March before a significant run
🔹 Target: $4.20
📈 If price holds this zone, we could see a strong bullish reversal toward the $4.20 region or above. The descending wedge pattern hints at a textbook accumulation-to-expansion setup—but only with proper confirmation. 🚀
🟢 High reward-to-risk setup for swing traders watching for trend shifts.
⚠️ Don’t rush in. Look for signs of strength before entering.
Are you bullish on TON/USDT? Let’s discuss! 👇
Telegram: t.me/Crypto_Sheykh
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.
Telegram: t.me/Crypto_Sheykh
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.