TONUSDT continues to trade within a consolidating structure, but it's printing a sequence of higher lows while holding above the $1.60 base. The recent pullback found demand near this support region, where buyers stepped back in and defended trend support. Price action suggests the latest dip could be corrective rather than the start of a reversal.If momentum rebuilds above the mid-range and holds above channel support, price may attempt another drive toward the 1.70 resistance zone, where prior highs and sell-side liquidity sit. That area could act as a magnet if buyers maintain control and volatility expands to the upside.
➡️ Primary scenario: hold above 1.60 → continuation toward 1.70.
⚠️ Risk scenario: sustained acceptance below 1.60 may weaken the structure and expose a deeper pullback toward 1.55.
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.