TONUSDT's Bullish Structure: Ready to Overcome Resistance?💎 Paradisers, #TONUSDT has formed a cup and handle pattern and is demonstrating a proper bullish market structure, which increases the likelihood of a bullish move.
💎 If #TON breaks and closes a candle above the resistance zone, it will validate the cup and handle pattern, and we can then expect a potential bullish move.
💎 In the case of a pullback, we can anticipate a bounce from the bullish Order Block (OB) and supportive trendline, but remember that we need an Internal Change of Character (I-CHoCH) in lower timeframes for confirmation.
💎 However, if the price breaks down and closes a candle below the bullish OB and supportive trendline, it will invalidate our pattern. In this case, it would be better to wait for more favorable price action to develop.
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