🚨 $TON /USDT Technical Snapshot – Is a Breakout Imminent?* 🚨
Current Price: 2.97
Daily Change: **-0.30
📊 *Technical Indicators:
- *RSI (6):* 46.6 – Neutral, suggesting a balanced market.
- *Stochastic RSI:* 92.9 – Overbought, indicating potential for a short-term pullback.
- EMA Levels:
- EMA 50:3.35
- EMA 150: 4.11
- EMA 200:4.47
📈 Analysis:
TON is currently trading below all major moving averages, signaling a bearish trend. However, after rebounding from the 2.59 support level, it's consolidating near the3.00 mark. The overbought Stochastic RSI suggests caution, as a correction might be imminent. A decisive breakout above the 3.10 resistance could pave the way for testing higher levels at3.35 and 3.50.
🛡️ Recommendation:
Hold off on new entries until a confirmed breakout above3.10 with substantial trading volume occurs. Monitor the $2.59 support closely, as a breach could lead to further downside.
💬 Your Turn:
What are your thoughts on TON's next move? Will it break through the resistance or face another pullback? Share your predictions and let's discuss!
