#TONRally Price Analysis TON/USDT: Has a New Bullish Trend Started?

Currently, the price of TON/USDT is at $3.428, showing a rebound after previously hitting a low of $2.354. Is this the right time to enter? Let's analyze deeper!

🔥 1. Price Movement & Trend

🔹 The price experienced a downtrend before finally bouncing back.

🔹 A significant increase in volume occurred, which could be a strong signal of bullish momentum.

🔹 The price is now above EMA(13) - $3.133, an initial indication of an upward trend.

📈 2. Technical Indicators

✅ EMA(13): The price is above the EMA line, a bullish signal.

✅ Volume: An increase in volume indicates strong buying interest.

✅ Stochastic RSI: At 92.474 (overbought) → a correction could occur before moving higher.

⚠ 3. Conclusion & Strategy

📌 Potential Bullish: If the price stays above the EMA and the volume remains high, it could continue to rise.

📌 Watch for Correction: Due to being overbought, there may be a pullback before continuing to rise.

📌 Important Zones:

Support: $3.133 (EMA)

Resistance: $3.665 (24-Hour High)

💡 Recommendation:

🚀 Short-Term Traders: Can take profit around $3.6 - $3.7.

📊 Long-Term Investors: Wait for a correction or trend confirmation before entering.

What do you think? Is TON ready to move to higher levels? 💬 Share your thoughts in the comments! 🚀🔥