TON/USD - Testing the Rejection Zone
TONUSD
Price has pushed into the 3.39 Day High /Rejection Zone, where sellers have been active before. From here, we're watching two key scenarios:
1 Bullish Breakout - Clean move above the rejection zone could open the way to the 3.65 OB, and potentially sweep the 3.75 BSL.
2 Bearish Pullback - Rejection here could send price back to the 3.33 OB Buy Zone, with deeper targets at 3.27 Day Low or even the 3.15 SSL before reversing.
Key Levels:
Rejection Zone: 3.39
Bullish Targets: 3.65 OB / 3.75 BSL
Bearish Targets: 3.33 OB / 3.27/ 3.15 SSL
Bias: Neutral - breakout or rejection will set the tone.
Watch for reaction at the rejection zone this is the key decision point for the next big move.
$TON DYOR