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Toncoin is moving in a 📉 Descending Channel, which is a bullish pattern 📈. The RSI has dipped into the demand zone (🟢), indicating strong buyer interest 💪. However, volume is currently low 📉, causing the market to stay bearish for now 🛑. If Toncoin can break the $4 resistance level 💥 with high volume 🔊, the price could potentially rally to $5.30 🚀. This area aligns with the Supply Zone 🟥, where selling pressure might increase. Always remember ⚠️: the crypto market is highly volatile 🌪️, so do your own research and trade wisely 🧠!
I can see the OTHERS on this chart. The price is in a 📉 Descending Channel, approaching a Major Support Zone 🟢 where buying pressure could increase 💪. The RSI indicates Bullish Divergence 📈, signaling potential upward momentum. If the market rebounds from the support zone, it may aim for the Next Resistance Zone 🟥 around $347 billion 🚀. However, current price action remains constrained within the channel 📊, suggesting caution ⚠️. Volume and momentum indicators will be key 🔑 for a breakout confirmation 💥. Always trade carefully in this volatile market 🌪️!
📥ENTRY PRICE: $3.68
🎯Targets:
🥇1st TP $3.9711 🥈2nd TP $4.5015 🥉3rd TP $5.1906
📌 Special Note:
🔥Spot Call🔥
⚠️ Use only 1% of your portfolio 💼 to manage risks effectively. Avoid high leverage 🚫 and proceed cautiously to mitigate potential losses 📉. Always prioritize risk management and use the DCA method ✅.
$TON
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