Hey traders!
TON is starting to show real signs of life with a +2.99% daily gain — and the chart is sending bullish signals. After grinding near the $3.00 floor, this could be the bounce traders were waiting for.
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Why TON Looks Ready for Lift-Off:
Strong Rebound from $3.00: Clear bounce from the local low at $3.003 — a classic double-bottom setup forming.
RSI Climbing: RSI(6) is now at 66.4, showing growing bullish momentum without being overbought.
MACD Flip: MACD just printed green with the histogram turning positive — early confirmation of trend reversal.
MA Cross Potential: Price is flirting with the 5-day and 10-day moving averages — a golden cross setup is near.
Volume Uptick: Spike in buying volume around $3.12–$3.16 suggests fresh interest is entering the market.
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Chart Talk:
If TON can break and hold above the $3.23–$3.26 resistance zone, the next logical targets are $3.36 and $3.58. The setup hints at a mid-term reversal pattern with strong potential upside.
Watch for consolidation above $3.12 — this could be the next bullish base before another leg up.
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My Strategy:
🔹Buy Zone: $3.12–$3.17 while the bounce is fresh.
🔹TP (Take Profit): $3.36 short-term, $3.58+ mid-term.
🔸SL (Stop-Loss): Below $3.00 in case of invalidation.
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Final Words:
TON is waking up with clean structure, a strong bounce off support, and improving indicators. While it’s not a confirmed trend yet, the early signals are hard to ignore. Combine smart entries with solid risk management and let the trend show you the way.
Ready to catch the TON wave?