$TON 🔥🔥🔥🔥❤️
Technical Analysis for TON/USDT | Key Targets & Market Outlook 🚀
The TON/USDT pair has shown some interesting movement lately, with a current price of approximately $5.12, reflecting a positive change of +1.65% in the past 24 hours. Here’s a quick breakdown of the key levels and targets for traders to keep an eye on:
1️⃣ Target 1: $5.30
The first key resistance level lies at $5.30. A break above this level could signal a continuation of the upward trend, potentially testing higher resistance zones. Watch for strong volume and bullish momentum to confirm this breakout.
2️⃣ Target 2: $5.50
If the market maintains momentum and surpasses $5.30, $5.50 becomes the next significant target. This is a crucial resistance point, where previous price action has faced rejection. A successful move above $5.50 could trigger further buying pressure, potentially taking TON/USDT to new highs.
3️⃣ Target 3: $4.80
On the downside, $4.80 represents a key support level. Should the price fall below this level, we may see a retest of the $4.75 - $4.70 range, where buyers could potentially re-enter. This level should be monitored closely to assess market sentiment.
Market Sentiment: The overall sentiment for TON/USDT is bullish with a recent positive breakout. However, if the price breaks below $4.80, caution is advised as the market could shift bearish.
🔍 Key Levels to Watch:
Support: $4.80
Resistance: $5.30 and $5.50
Current Price: $5.12
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