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TONUSDT (4H) – Swing Trade Setup (Binance)
TON is currently trading within a rising channel structure. The price recently bounced off the lower trendline support, indicating buying pressure and a potential bullish reversal. The RSI is recovering from the oversold zone, and there's a strong demand wick near the channel support — a solid signal for a bounce.
If this trendline support holds, it offers a low-risk swing long opportunity.
Entry Zone: $3.03 – $3.08 (preferably on confirmation or trendline retest)
Stop Loss: $2.95 (below key structure and recent swing low)
Targets:
Target 1: $3.15
Target 2: $3.25
Target 3: $3.40+
Platform: Binance
Note: Always apply proper risk management. Trade smart!
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