🚀 #TONCOIN is locked and loaded for a massive rally! 🌙 Accumulation complete, retest nailed—Moon Mode ON! Here’s the breakdown:
🔹 **Breakout & Retest**:
TON smashed through a key channel resistance at $2.66 last year, followed by a textbook retest of this zone, now confirmed as strong support and accumulation.
🔹 **Current Structure**:
Post-retest at $2.66, TON is forming a fresh bullish pattern. Momentum is building above critical trendlines, signaling a strong uptrend.
🔹 **Smart Money Concepts (SMC)**:
✅ Breaker Block confirmed in the $2.6–$2.7 accumulation zone.
✅ Classic Reclaim + Retest + Rally pattern—clear Smart Money accumulation in action.
🔹 **Inner Circle Trader (ICT) Insights**:
✅ Market Structure Shift (MSS): Transitioning from lower highs/lows to higher highs/lows, confirming bullish order flow.
✅ A bullish Fair Value Gap (FVG) could form if TON breaks past the next resistance (~$4).
🔹 **Elliott Wave Theory**:
✅ Likely in a 5-wave bullish impulse:
* Wave 1: Current climb from the retest zone.
* Wave 2: Minor pullback expected.
* Wave 3: Explosive rally targeting $8–$10+.
* Waves 4 & 5: Extended targets based on Elliott patterns.
🔹 **Potential Targets (Mid to Long Term)**:
🎯 $5.00
🎯 $8.50
🎯 $13.00
🎯 $20–$50+ (if altseason or BTC strength persists)
🔹 **Invalidation**:
A weekly close below $2.30 would negate this bullish setup. Until then, dips are buying opportunities!
**Summary**:
TON is primed for a breakout continuation. Smart money is loading up in the $2–$3 range.
✅ Retest complete.
✅ Bullish structure locked in.
✅ Huge upside potential.
🔔 Watch closely—$TON could kick off its next big move any moment!
#Crypto #Trading #Toncoin