#TON/USDT tests a golden rebound area - Here are the safe entry and profit points
Technical analysis for TON/USDT - Are we close to a new launch?
Current price: 3.046 USDT
24-hour change percentage: +1.94%
Highest price: 3.078
Lowest price: 2.882
Volume: 7.28M TON
Technical reading of the indicators:
Bollinger Bands:
The price is moving below the middle average (MB = 3.167) and close to the lower limit (2.862) → A signal for a potential technical rebound soon.
RSI(6): 37.44
Close to the oversold area → An entry opportunity for short-term traders.
MACD: Negative crossover but starting to slow down → A signal for the nearing end of the decline.
Moving averages:
MA(5) < MA(10) → Short-term weakness, but the price shows an attempt to stabilize above support.
Proposed trading strategies:
1. Support entry strategy (Rebound Strategy):
Proposed entry point: 3.00 ~ 3.05 USDT (when testing support)
First target: 3.17 (MB average)
Second target: 3.35
Stop loss: Clear break below 2.88
2. Price breakout strategy (Breakout Strategy):
Enter only if the resistance level of 3.17 is breached with a strong candle close.
Target: 3.35 then 3.58
Stop loss: Below 3.05
Trading tips:
The price is currently in an ideal area for accumulation.
Oversold indicators support a technical rebound in the coming sessions.
Do not enter with the entire liquidity; divide your entry into stages.