$TON is showing a clean bullish setup on the 1H chart. After a strong push up, price is now consolidating in a tight range, which usually means the market is preparing for the next move.
This strength is also backed by fundamentals. Toncoin recently rolled out a network upgrade with 10x faster transactions and 6x lower fees, which is adding to the bullish sentiment.
If it breaks above 1.52, we could see another leg up. If it loses 1.40, then the setup weakens and we may get a pullback.
Are you waiting for the breakout or looking for a dip entry? 👇