🔄 TON/USDC: Strong Recovery but Facing Resistance
TON made a quick recovery from $2.937 to $2.987, signaling bullish momentum. However, it’s currently experiencing slight rejection near the top, forming lower highs on short candles. It’s holding above the 7 EMA ($2.971) and 25 EMA ($2.960), suggesting a bullish bias remains valid if support holds.
🟩 Watch for a breakout above $2.987 to confirm continuation.
📊 Trade Setup
Entry Zone: $2.965 – $2.972
Take Profit 1: $2.987
Take Profit 2: $3.010
Take Profit 3: $3.040
Stop Loss: $2.951