🚀 Is the explosion moment for coin
$TON approaching? Full technical analysis! 💎
The coin is currently trading around $2.34. After a strong upward wave that took it to nearly $2.90, the price has entered a correction and sideways accumulation phase. We can see on the (4-hour) chart that the price is trying to hold above strong support levels.
📊 Data and indicators:
Strong support: The range of $2.21 - $2.31 represents a solid wall currently, and a bounce from here opens the door for a return to bullishness.
Fierce resistance: The level of $2.51 is key; breaking this level and holding above it means heading straight to test the previous high at $2.90.
#KDJ : On the (15-minute) chart, we observe selling saturation and the beginning of a positive curvature, which may indicate an imminent rebound in the coming hours.
🎯 Potential targets:
First target: $2.51 (testing near resistance).
Second target: $2.76 (high liquidity area).
Ambitious target: $2.90 and beyond if momentum continues.
⚠️ What’s the situation?
An increase is likely as long as the price maintains closes above $2.30. Breaking this level down may open the door for further correction towards the $2.05 area.
🛡️ Disclaimer: This is technical analysis and not investment advice. The market is volatile, and the decision is solely yours!
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$TON 👉🏻 here 👇🏻 good luck 🌹
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