📊 Current market situation:
Current price: $2.825
Daily change: +1.99% (slight increase)
Highest price in 24 hours: $2.886
Lowest price in 24 hours: $2.698
Trading volume:
TON: 6.83M
USDT: 19.19M
📈 Technical Analysis:
1. Japanese candlestick chart (1H):
The overall trend is gradually upward with some fluctuations.
Peak at $2.886 then a slight correction, indicating the possibility of testing the peak again.
2. Relative Strength Index (RSI):
Value 56.26 → Neutral zone, indicating that the market is not in overbought or oversold conditions.
3. MACD Indicator:
DIF (0.024) higher than DEA (0.023) → Positive but weak signal.
MACD (0.001) is close to zero, indicating weakness in momentum currently.
🔍 Important points:
✅ The market tends to rise, but momentum is not very strong.
✅ Strong support: $2.75 - $2.70, which is a good level for re-buying in case of a correction.
✅ Next resistance: $2.90 - $3.00, where the price may face some selling pressure.
📢 Trading tips and strategy:
1. For scalpers (Scalping & Short-term traders):
Current rise can be exploited but with caution, placing a stop loss below $2.75.
Entering a buy trade upon re-testing support $2.75 - $2.70 may be better than buying at current levels.
2. For medium to long-term investors:
As long as the price is above $2.70, the overall trend remains positive.
If the price breaks $2.90 firmly, a target of $3.00 - $3.10 is expected in the near future.
💡 My personal opinion:
TON/USDT shows stable performance with an upward tendency, but there is currently no strong momentum. I prefer to wait for a re-test of support $2.75 - $2.70 before entering a new buy trade. If the price manages to break $2.90 - $3.00, we may see a continuation of the rise.