💥$TON /USDT Testing Critical Support at 2.969 USDT!🔥

🌟Current Price: 2.983 USDT (-3.27%)

🌟24-Hour High: 3.087 USDT (Resistance Zone)

🌟24-Hour Low: 2.969 USDT (Key Support)

Trading Volume (24H):

🌟TON: 5.69M

🌟USDT: 17.16M

$TON is currently testing its key support level at 2.969 USDT, with downward momentum shaping price action.

⚡Technical Indicators 🔍

🔸Bollinger Bands: Contracting — indicating low volatility before expansion.

🔸RSI: Near oversold — momentum weakening, but a bounce remains possible.

🔸MACD: Bearish divergence — trend softening, volume confirmation needed.

🔸Moving Averages (MA & EMA):

Short-term trend remains uncertain, breakout validation required.

⚡Trade Setups 📝

🎖️Bullish Scenario

Type: Support Bounce Play

👉Entry Point: Above 2.990 USDT (validated by increasing volume)

👇Take-Profit Targets:

🎯TP1 (1:1): 3.030 USDT

🎯TP2 (1:2): 3.080 USDT

💢Stop Loss: Below 2.950 USDT

🎖️Bearish Scenario

Type: Breakdown Trade

👉Entry Point: Below 2.950 USDT (confirmed rejection at resistance)

👇Take-Profit Targets:

🎯TP1 (1:1): 2.920 USDT

🎯TP2 (1:2): 2.890 USDT

💢Stop Loss: Above 2.990 USDT

⚡Risk Management Strategy ⚠️

Move Stop Loss to Breakeven after hitting TP1 in either trade setup

Secure Partial Profits (~50%) at TP1 levels to optimize trade execution

⚡Key Observations ✍️

1. Monitor volume trends — low liquidity may impact breakout probability.

2. Critical Support at 2.969 USDT — holding here may encourage recovery, breaking below could extend downside.

3. Stick to disciplined entries/exits amid prevailing market uncertainty.

👉Buy Or Trade With Me On $TON

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