#TONCOIN is shaping up beautifully! Here’s the full breakdown:
🔹 Breakout & Retest: TON broke out of a major channel resistance last year around $2.66, followed by a clean retest at the same zone — confirming strong Support and Accumulation.
🔹 Current Structure: After the successful retest at $2.66 (Support/Accumulation Zone), TON has started a fresh bullish structure. Price is now building momentum above key dynamic trendlines.
🔹 Inner Circle Trader (ICT) Concepts: ✅ Market Structure Shift (MSS) visible: from lower highs/lower lows ➔ shifting to higher highs and higher lows (bullish orderflow). ✅ Strong bullish Fair Value Gap (FVG) likely forming if TON pushes beyond the next local resistance (~$4).
🔹 Elliott Wave Theory Insight: ✅ Probable start of a 5-wave bullish impulsive move: * Wave 1: Current push from retest zone. * Wave 2: Minor correction expected. * Wave 3: Parabolic rally (targeting $8–$10+). * Wave 4 & 5: Following standard Elliott extensions.
🔹 Potential Targets (Mid to Long Term): 🎯 $5.00 🎯 $8.50 🎯 $13.00 🎯 $20-$50+ (in case of major altseason or BTC strength continuation)
🔹 Invalidation: A confirmed weekly close below $2.30 would invalidate this bullish setup. Until then, dips are opportunities!
Summary: TON looks primed for a major breakout continuation. Smart money seems to be accumulating heavily around the $2–$3 zone. ✅ Retest successful. ✅ Bullish structure confirmed. ✅ Massive upside potential.
🔔 Keep a close eye — TON might enter the "Next Big Move" phase soon!
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