🚀 Technical Analysis of Toncoin (TON) – Will the Uptrend Continue?

📊 Market Overview

✅ The price of TON bounced off the 20-day EMA ($3.58), indicating positive sentiment.

✅ RSI remains in the bullish zone, with an advantage leaning towards the bulls.

✅ Short-term target: $4.14 (major resistance).

📈 Bullish Scenario

🔹 If TON breaks above $4.14, the price could continue to rise to $5 and further to $5.65.

🔹 The bulls are taking advantage of dips to accumulate, pushing the price up from the upward trend line.

🔹 Important support: $3.58 (20-day EMA).

📉 Bearish Scenario

🔻 If the price drops below $3.30, it is highly likely that TON will lose its upward momentum.

🔻 In that case, the price could drop to $2.81, even $2.64 if the bears take control.

🔻 Losing the upward trend line would be a signal of a negative reversal.

🎯 Trading Strategy for TON/USDT

✅ If the price remains above $3.58, it may be considered to buy on a slight dip.

✅ If it breaks above $4.14, a target of $5 - $5.65 may be set.

🚨 If it loses support at $3.30, it is necessary to consider cutting losses or waiting for a lower opportunity.

👉 In summary: $TON is still in an uptrend, but it needs to break $4.14 to confirm the continuation of the uptrend. 🚀

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