TON MID TERM
TON/USDT 1H Analysis
TON is currently testing a key resistance zone around the 2.05 area after forming a series of higher lows from the recent bottom. The ascending trendline continues to support the short-term bullish structure, showing that buyers are gradually gaining momentum.
Price has now returned to a previous supply zone that acted as resistance earlier in the move. This makes the current area important for short-term direction.
A confirmed breakout above the highlighted resistance zone could trigger continuation toward the higher resistance levels around 2.26 and potentially 2.48.
On the downside, losing the ascending trendline would weaken the current bullish structure and may lead to another move toward the 1.85 support area.
Summary:
TON is pressing against a key resistance while maintaining higher lows. A breakout above the resistance zone would strengthen bullish momentum, while rejection may result in a short-term pullback.
Take your risk, make some profit !
- CryptoSignalAPP Team
TON is currently testing a key resistance zone around the 2.05 area after forming a series of higher lows from the recent bottom. The ascending trendline continues to support the short-term bullish structure, showing that buyers are gradually gaining momentum.
Price has now returned to a previous supply zone that acted as resistance earlier in the move. This makes the current area important for short-term direction.
A confirmed breakout above the highlighted resistance zone could trigger continuation toward the higher resistance levels around 2.26 and potentially 2.48.
On the downside, losing the ascending trendline would weaken the current bullish structure and may lead to another move toward the 1.85 support area.
Summary:
TON is pressing against a key resistance while maintaining higher lows. A breakout above the resistance zone would strengthen bullish momentum, while rejection may result in a short-term pullback.
Take your risk, make some profit !
- CryptoSignalAPP Team
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Download to Earn
Get most profitable trading signals and information about market.
Keep your risk management.
Make profit !
cryptosignalapp.com/download
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La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
CryptoSignalAPP is the best crypto signal application.
Download to Earn
Get most profitable trading signals and information about market.
Keep your risk management.
Make profit !
cryptosignalapp.com/download
Download to Earn
Get most profitable trading signals and information about market.
Keep your risk management.
Make profit !
cryptosignalapp.com/download
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.