TON forms an inverse head and shoulders as bulls aim for a $9.018 breakout target.
Buyers defend $3.000 as TON eyes $3.400 resistance for the next major bullish move.
Volume thins above $3.400, setting the stage for a faster breakout toward $3.700 levels.
TON’s price structure signals growing bullish momentum with a breakout trigger set near the critical $4.00 level. Updated chart patterns and resistance tests are positioning TON/USDT for potential short- and medium-term expansions.
Inverse Head and Shoulders Structure Builds Bullish Momentum
TON’s daily trading activity reflects a notable bullish reversal setup following months of price compression and rejection. The current consolidation under major resistance provides a technical foundation supporting significant potential upside projections.
Source: Crypto General
As we can see from the post above, one bullish analyst, Crypto General, provided a detailed review of TON’s recent price action. According to Crypto General, TON is forming an inverse head and shoulders pattern with a neckline resistance near $4.00. He emphasized that a breakout above this neckline would activate a target projection toward the $9.018 zone.
Crypto General explained that the left shoulder formed near $2.60, the head at $2.10, and the right shoulder near $2.80. He also noted the pattern’s symmetry, which supports the structure’s bullish validity moving into the end of April. Besides technical structure, he mentioned taking partial buys at the current market price, while planning heavier entries post-breakout.
His insights indicated that the next upside objective aligns with historical resistance from September 2024, marked precisely at $9.018. He reinforced that no major profit-taking would occur before reaching this target range. Hence, the bullish case for TON remains dependent on a decisive close and hold above the $4.00 neckline zone.
Consolidation Beneath Resistance Offers New Breakout Setup
In addition to the previous points, another analyst provided a different timeframe view showing complementary bullish behavior and resistance dynamics. Another bullish analyst, BOBO, detailed the 4-hour price action supporting the broader bullish thesis. According to BOBO, TON reclaimed the $3.000 support and is now challenging the $3.400 critical resistance zone. He identified a bullish flag forming beneath this barrier, suggesting a potential explosive breakout if cleared.
Source: BOBO
The analyst also pointed out that increased volume accompanied the earlier move above $3.000, indicating stronger buyer commitment. His findings project a target between $3.600 and $3.700 if TON can cleanly break and retest the $3.400 resistance. Additionally, BOBO stated that maintaining support around $3.000 remains essential for preserving the short-term bullish bias.
Building on this information, further analysis shows volume thinning above $3.400, opening room for faster moves once cleared. Hence, both analysts’ perspectives combine to paint a technically supported case for bullish momentum continuation into early May.
