$TON — a possible entry point for a profitable investment
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The chart shows that the price has been moving within a large corridor for a long time. This behavior indicates that the market is gathering energy for the next strong movement.
Currently, $TON is approaching the lower part of the range again. Usually, this is where large players begin to buy — this helps the price hold and later turn upwards.
At the level of $1.48–$1.50, a convenient buying point may appear:
the market likes to 'test' such zones to eliminate weak orders and provide a cleaner movement towards growth.
If the price holds in the range of ~1.47, the next target is a return to the middle of the range (1.60)
and an attempt to rise above.
The main idea: as long as the market is in a wide sideways movement, the lower part of the range remains a zone where one can look for a profitable entry.
#crypto #TON #altcoins #analysis #cryptomarket
