$TON 🚀 exploded by +29%: Are we FOMOing or waiting it out? 📊
TON just pulled off a massive breakout with strong volumes, shooting up from $1.30 to a peak of $1.87. It's currently trading around $1.79, but the RSI indicator (above 74) is signaling a clear overbought situation in the short term.
My predictions moving forward:
• Short term (Today): A consolidation is very likely and healthy. Avoid buying at the top and instead wait for a pullback towards the key support zone of $1.63 - $1.64 (Supertrend level and MA20).
• Next few days: If buyers defend this support zone, the momentum will remain bullish, paving the way towards the psychological target of $2.00.
Did you catch this pump or are you patiently waiting for the dip?
TON just pulled off a massive breakout with strong volumes, shooting up from $1.30 to a peak of $1.87. It's currently trading around $1.79, but the RSI indicator (above 74) is signaling a clear overbought situation in the short term.
My predictions moving forward:
• Short term (Today): A consolidation is very likely and healthy. Avoid buying at the top and instead wait for a pullback towards the key support zone of $1.63 - $1.64 (Supertrend level and MA20).
• Next few days: If buyers defend this support zone, the momentum will remain bullish, paving the way towards the psychological target of $2.00.
Did you catch this pump or are you patiently waiting for the dip?