🚨 Technical Analysis for Currency $TON – 4-Hour Frame
🔸 The price is trading above the moving averages 20, 50, and 200, which supports the upward trend
🔸 The cloud indicates a positive trend
🔸 The RSI indicator is around 52 = weak momentum and horizontal movement
📌 Trade Type: Spot
🎯 Positive Scenario:
– Break above the level of 3.42 and maintain above it
– Targets: 3.50 – 3.60 – 3.72
❌ Negative Scenario:
– Break below the level of 3.30 with a candle close
– Targets: 3.22 – 3.12 – 3.00
📌 Note: It is preferable to wait for confirmation of the breakout or breakdown before entering
⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.