🚨 $TON /USDT Analysis #updates
Current Price: $4.63 (-10.65%)
TON is showing a steep drop, with key support sitting at $4.59. If this level holds, we could see a bounce-back. On the upside, resistance is set at $5.20. Breaking above this could signal a bullish reversal.
For long entry, traders can wait for a break above $5.20, aiming for targets around $5.30, with a stop loss at $4.59.
On the downside, a break below $4.59 opens up a short opportunity, with targets near $4.50. Keep your stop loss tight at $5.20 to manage risk.
TON is on a knife's edge – whether we see a bounce or further drop depends on how it moves around these key levels. Eyes on the market!