$TON /USDT is currently in an uptrend, trading between $3.14 and $3.70. A break above $3.70 could lead to a move towards $4.00. Conversely, a drop below $3.14 may signal a bearish reversal.
Fibonacci Levels:
Retracement Status: The price is testing the 50% Fibonacci retracement level at $3.44. A successful breakout above this level could target the 61.8% level at $3.70.
Price Zones:
Support: $3.14 (50% retracement)
Resistance: $3.70 (61.8% retracement)
RSI:
Value: 53.22
Interpretation: The RSI is neutral, indicating that Toncoin has room for further upside without being overbought.
Entry Zones:
Safer: Wait for a confirmed breakout above $3.70 with increased volume.
Aggressive: Enter near current levels around $3.37, placing a stop-loss below $3.14.
Take-Profit Zones:
TP1: $3.70 (61.8% Fibonacci level)
TP2: $4.00 (psychological resistance)
Stop-Loss Ideas:
Conservative: Place stop-loss below $3.14 to protect against a bearish reversal.
Tight: Set stop-loss just below $3.23, aligning with the lower Bollinger Band.
