TON is brewing a breakthrough - Don't doze off before the windfall arrives!
Toncoin has been silent for many days, finally revealing the dawn of a trend reversal!
Since dropping to 3.06, it has not only successfully built a bottom and rebounded but also firmly stood above the short-term trend line, with the technical aspect quietly transitioning from consolidation to an upward trend.
Key signals are lighting up one by one:
9-day EMA crossing above 20-day EMA - a typical gentle golden cross, a bullish initiation signal!
MACD histogram turning red, buying power quietly strengthening!
RSI escaping from oversold territory, momentum restarting but still with room for upward movement - bulls still have endurance!
Current key resistance: 3.514 USD
If it breaks out with volume, it is highly likely to open up an upward channel towards the 3.70 range.
Note: This area is also a profit-taking zone for some short-term funds, so manage the pace when chasing high prices!
