#TONRally
📊 Toncoin (TON) Price Analysis – Bulls vs. Bears Battle Continues! 🚀📉
Toncoin (TON) surged from $2.35 (March 11) to reach the 50-day SMA at $3.64 (March 16), showing strong bullish momentum. However, a correction followed, with the 20-day EMA ($3.15) acting as key support.
🔹 Bullish Scenario: If buyers step in at the 20-day EMA, TON could break above $3.64, pushing toward $4 and even $5 in the coming days. 📈
🔹 Bearish Scenario: A close below the 20-day EMA may indicate continued selling pressure, potentially dragging TON down to $2.50. 😨
📉 4-Hour Chart Insights:
Resistance at $3.60 is limiting upside moves.
Bulls need to hold the 20-EMA; a rebound could push TON to $4.15 and then $4.67.
A breakdown below the 20-EMA may lead to a dip toward the 50-SMA and even $2.50.
🔍 What’s Next? Watch for support at the 20-day EMA ($3.15)—a bounce could trigger a strong rally! 💹
📢 What’s your price target for TON? Drop your thoughts below! 👇