$TON Shows Signs of Recovery After a Sharp Dump, Bulls Aim for Higher Resistance
Long TON Trading Plan (20x)
Entry: 2.10 – 2.15
SL: 2.05
TP1: 2.20
TP2: 2.25
TP3: 2.30
TON experienced a sharp dump, but is now showing clear signs of recovery. The 2.10 – 2.15 zone is acting as short-term support, buying pressure is returning, and the improving small-timeframe structure indicates that bulls are targeting higher resistance levels.
The stop loss is placed below 2.05, a relatively clean area. A loss below this level would invalidate the long scenario.
Step-by-step targets: 2.20 → 2.25 → 2.30. Each Take Profit (TP) is quite far apart (~2.3-4.7% from entry), so be patient and take profits gradually. The distance from entry to Stop Loss (SL) is quite close (~2.3-4.7%). Suitable for a short-term long position. Enter small orders and set stop losses correctly.
Signs of a recovery after the dump, can the bulls push the price to higher resistance levels? Have you entered yet? Comment to discuss!