$TON Showing Strong Recovery, Eyes Set on Local Highs
$TON has rebounded solidly from the $2.60 support area and is now challenging the $2.93 resistance level. Bullish momentum is returning as volume increases and buying interest picks up.
📈 Long Position Strategy
• Entry Range: $2.91 – $2.93
• Target 1: $3
• Target 2: $3.08
• Target 3: $3.20
• Stop Loss: Below $2.70
Market Outlook:
TON appears to be forming a higher low, suggesting it’s well-positioned to revisit the $3.01 level. A daily close above $2.94 could spark a fresh upward move, especially if Bitcoin maintains stability.
The recent bounce from oversold conditions may mark the beginning of a continued upward trend. Keep an eye on volume strength above $2.94 for confirmation.
