TON/USDT Trading Pair Analysis
The chart shows the TON/USDT trading pair, with the price currently at 3.034 USDT.
Key Observations:
24H High: 3.163 USDT
24H Low: 2.876 USDT
Recent Low: 2.800 USDT
Current Trend: Attempting a rebound from a downtrend
TON/USDT Technical Analysis (4H Chart)
1. Trend Analysis:
The chart clearly shows a downtrend, with the price dropping from 4.142 USDT to 2.800 USDT.
A bottom has formed around 2.800 USDT, and the price is now attempting a rebound at 3.034 USDT.
2. Support & Resistance Levels:
✅ Support:
2.800 USDT → Last bottom level, which could act as strong support.
2.732 USDT → A lower support level (if 2.800 breaks).
🚨 Resistance:
$TON 3.163 USDT → 24-hour high, first resistance level.
$TON 3.323 USDT → Second key resistance level.
$3.619 USDT → Long-term resistance, which could be difficult to break.
3. Potential Next Movements:
If 3.163 USDT breaks upwards, the price could rise to 3.323 USDT.
If 2.800 USDT fails to hold as support, the price may drop to 2.732 USDT.
4. Trading Strategy:
📉 Bearish Case (If price moves downward):
Short Entry: If 2.800 USDT breaks downward.
Target: 2.732 USDT → 2.600 USDT.
Stop Loss: Above 3.163 USDT.
📈 Bullish Case (If price moves upward):
Long Entry: If 3.163 USDT breaks with confirmation.
Target: 3.323 USDT → 3.619 USDT.
Stop Loss: Below 2.800 USDT.
Spot Investment Strategy:
DCA (Dollar-Cost Averaging) can be done in the 2.800-2.900 USDT range.
In the long term, if the market recovers, the price could reach 3.619-4.142 USDT.
Stop-loss (risk management): If the price drops below 2.700 USDT, a reassessment is necessary.
Futures Trading (Leverage) Strategy:
📉 Short Entry (Sell Trade):
Entry: If 2.800 USDT breaks downward.
Target: 2.732 USDT → 2.600 USDT.
Stop Loss: Above 3.100 USDT.
📈 Long Entry (Buy Trade):
Entry: If 3.163 USDT breaks with confirmation.
Target: 3.323 USDT → 3.619 USDT.
Stop Loss: Below 2.900 USDT.