TON MARKET STRUCTURE UPDATE 🚀
I am tracking $TON closely as volume expands, with a 18.92% gain in the last 24 hours, indicating a potential upside of over 5% to reach the resistance zone of ~$2.2706 📈. The current price of $TON is hovering around $2.1940, which could lead to a significant increase in liquidity pools if the resistance zone is breached, potentially driving the price higher, a move that could be supported by the current market sentiment of 71% positive 🟢. As $TON approaches the mid-range of $2.0630, it's crucial to assess the order blocks and volume profile to identify potential market structure shifts, with $91.31M in 24-hour volume supporting this momentum, a clean breakout above the resistance zone could drive the price higher, potentially leading to a 10% move to the next significant level 🔥.
The Toncoin trend on CoinGecko, with a rank of #22, suggests a growing interest in $TON, which could further boost its price, and with a support zone of ~$1.8532, $TON shouldn't face significant downward pressure, allowing for a potential surge in price 🎯.
DYOR