TONUSDT remains inside a broader upward channel after printing a higher high near the upper resistance band. The recent decline looks corrective, with price now pulling back toward the 1.75 demand zone, where the rising trendline and prior breakout structure intersect. Momentum seems has cooled, but the broader bias could stay constructive as long as this zone continues to hold.If buyers defend this area, the market may stabilize and attempt another leg higher toward 1.945, where overhead resistance and channel highs sit. Price behavior around the trendline will likely determine whether continuation or extended consolidation unfolds.
➡️ Primary scenario: hold above 1.75 → push back toward 1.945.
⚠️ Risk scenario: a decisive break below 1.70 may open the door toward 1.60.
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
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🔥 Daily GOLD and Forex updates with 20,000+ active traders:
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bit.ly/3JIGE2j
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.