$TON
/USDT 6-hour chart - Simple trading idea
The price of #TON has seen a decline for several days, but the chart now shows potential signs of a rebound. The price is slowly moving near a demand area, and we may soon see a strong rise.
We expect a final drop to attract liquidity near $2.60, followed by a rise to higher levels.
Buy setup plan:
Buy area: $2.55 - $2.65
Stop loss: below $2.40
Profit target 1: $3.50 (first resistance)
Profit target 2: $4.20 (strong supply area)
This setup provides a good risk-to-reward ratio. Be patient and wait for the price to enter the buy area before entering the trade.
Buy and trade here at $TON