$TON

Trade Plan for TON/USDT 📈

✅ Entry Zone: Buy within $3.550 – $3.560, near current price levels and the support of recent consolidation (aligned with EMA 9 and 21).

⛔ Stop Loss: Set at $3.530 (below the recent swing low and EMA 50).

🎯 Profit Targets:

Target 1: $3.570 📍 (Move stop to breakeven)
Target 2: $3.585 🎯
Target 3: $3.600 🚀

📊 Risk/Reward Ratio: 3:1+ ⚖ (Conservative exit at 2:1 if momentum weakens near resistance).

Key Observations:

Bearish Correction with Reversal Potential: Price down -0.14% in 24 hours, with recent red candles indicating slight selling pressure. The chart shows a consolidation phase after an uptrend, with the price near moving averages (7 SMA, 99 SMA), suggesting a potential breakout or continuation.
Volume: 24h volume is 31,722.32 USDT, with chart volume at 58.24K TON, indicating moderate liquidity—volume has been stable, so watch for an increase to confirm direction.
RSI and Indicators: RSI data isn’t visible, but the consolidation pattern suggests it may be neutral (around 50). The moving averages are converging, indicating a possible decision point.
Support/Resistance Levels: Key support at $3.550 (recent low); resistance at $3.563 (24h high of $3.563).

🔄 Strategy:

Trail stop above EMA(9) after Target 1 to secure profits.
Watch for rejection at $3.563 (24h high) for an early exit if momentum stalls, or a breakout above it for higher targets.
Monitor broader market trends (e.g., Bitcoin’s movement, TON ecosystem developments like launchpool activity) as TON can be influenced by network catalysts.

Trade wisely! 🚀💰

Note: TON’s volatility may rise with ecosystem updates or market-wide trends—scale in/out to manage risk, especially during this consolidation phase.