TON → Ready to ↑ to 7.0. The coin is stronger than the market

May 9

TONUSDT shows quite positive dynamics both from the fundamental side and from the technical side. An attempt to end the correction with the purpose of further growth continuation is being formed.



A rather interesting setup is forming on D1 indicating the formation of a strong market bottom in the area of 4.8 - 4.6. After the retest of the key liquidity zone, the price forms a false breakdown of MA-200 and the transition to the bullish zone. At the moment, a pre-breakout setup is being formed against the resistance at 5.985 (6.0). On H4 this is the resistance of the correctional movement. Breakout and consolidation above this area will form a bullish potential, the target of which will be the growth to 7.2, 7.6.

Resistance levels: 6.0, 6.2, 7.2
Support levels: 5.923, 5.9

I expect the bulls to continue fighting for their positions. The pre-breakout formation may soon move to the realization phase with the purpose of growth to the mentioned zones.

Regards R. Linda!

May 9

Trade active

Consolidation above 6.0 is forming

May 9

Trade active

Bulls take the situation into their own hands. 6.3. We are waiting for the growth to continue

May 9

Trade active

May 10

Note

The coin looks very good for continued growth as part of realizing the potential

May 10

Trade active

May 10

Trade closed: target reached

Target reached
+27%

May 12

Trade active

TON shows very good dynamics.
The price is approaching an important level, against which I will also wait for the continuation of growth

May 13

Trade active

It's a little ways to the end goal