TON showing absorption at demand — potential reversal?
🟢 $TON - LONG
Trade Plan:
Current Price: ~1.7475
Entry Zone: 1.68 – 1.78
SL: 1.58
TP1: 1.95
TP2: 2.18
TP3: 2.48
TON has swept sell-side liquidity and is now holding above a key daily demand zone with clear signs of absorption. Volume has started increasing as price stabilizes near the entry area. Open interest has also ticked up, suggesting active buying interest. The higher low structure remains intact.
Will TON bounce from this demand zone and resume its uptrend?
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TONUSDT
Trvl
1.7511
+2.11%