Analysis + Trade
$TON #Toncoin – Hourly Frame Analysis (1h) ⏱️🔶
Current Price: $2.91 (+7.66%)
On the hourly frame, the price is trading above the 25-period Exponential Moving Average (EMA25) which is near $2.83, but it is still below the 50-period Exponential Moving Average (EMA50) estimated at $2.95, indicating the beginning of a bullish momentum that needs confirmation by breaking resistance. The Relative Strength Index (RSI) is currently estimated at ~62, still far from the overbought area, providing room for a short-term rise. We also note that the nearby resistance is located at $2.95–$3.00, while the immediate support is at $2.85.
Trade Settings:
✅ TON/USDT (Buy) LONG
🔰 Entry Price on Breakout: $2.95
🎯 Targets:
$3.05
$3.15
$3.25
$3.35
🛑 Stop Loss: $2.85
📌 Trader's Advice:
Wait for the hourly candle to close above $2.95 with a clear increase in trading volume to confirm the strength of the breakout. Upon reaching the first target, move the stop loss to the entry price ($2.95) to secure capital, then leave the position to pursue the remaining targets.
✅ TON/USDT (Sell) SHORT
🔰 Entry Price on Break: $2.85
🎯 Targets:
$2.75
$2.65
$2.55
$2.45
🛑 Stop Loss: $3.00
📌 Trader's Advice:
You can enter a sell position on a clear break of support at $2.85 with a closed hourly candle below it and high trading volume. Set the stop loss above the broken resistance ($3.00), and gradually adjust as each target is reached to protect profits.
