TON analysis today
The market analysis is currently trending towards NEUTRAL, with a long/short ratio of 0.3:1. Support and resistance prices are constantly updated, the latest prices are $6.8477 for support and $7.3709 for resistance. The current market sentiment indicator indicates a neutral market trend
With a value of 60.
Trading Strategy 1: Waiting on the sideways strategy - the trend is neutral
Entry price: There is no specific entry price currently. Characteristics of the strategy: This strategy relies on waiting until the market direction becomes clearer. Traders can wait for TON price to cross the resistance level at 7.37095 or break the support level at 6.84775 before making any decision to buy or sell.
The second trading strategy: resistance breakout strategy
The trend is neutral to bullish
Entry price: $7.3709 (breakout of resistance)
Strategy characteristics: When the TON price breaks through the resistance level at 7.37095, traders can enter a buy trade. The price is expected to move upward after breaking the resistance and profit and stop loss targets can be set according to your personal risk management strategy.
Trading strategy three: testing strategy
the support
The trend is neutral to bearish
Entry price: $6.8477 (test support)
Strategy characteristics: When TON price tests the support level at 6.84775, traders can enter a sell trade. The price is expected to move downward after testing the support, and profit and stop loss targets can be set according to the strategy
