Sharp dip to $2.772 followed by a strong bounce – early signs of a reversal brewing!
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✅ Entry Zones:
Entry 1: $2.83 (Current price – early entry after bounce)
Entry 2: $2.78–$2.77 (Support zone – ideal for pullback buys)
(Buy the panic wick – strong reaction off support with heavy volume!)
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🎯 Targets:
Target 1: $2.91 (Previous structure level)
Target 2: $2.97 (24h high)
Target 3: $3.01 (Swing high)
Target 4: $3.08 (Extended bullish move target)
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🛑 Stop Loss:
$2.74 (Below recent low to protect against further downside)
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📊 Technical Notes:
RSI(6): 24.27 → Oversold zone, strong bounce potential.
MACD: Bearish but flattening, suggesting a baming.
Massive volume spike at the wick low – likely a capitulation candle.
KDJ turning upward from extreme lows (K: 27.4) – bullish signal.
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🔥 Momentum Watch: If TON holds above $2.83 and consolidates with higher lows, a breakout back toward $2.91+ is likely. Reclaim of $2.91 would flip trend short term.