🚨 $TON /USDT AT A CRUCIAL TURNING POINT – BE READY TO ACT! 🚨
The TON/USDT chart on the 15-minute timeframe is showcasing a rising wedge pattern, a classic sign of building tension and potential volatility. With the price sitting at 4.955 USDT, we’re witnessing a convergence of support and resistance levels that traders should watch closely.
💡 Key Levels to Monitor:
🔹 Resistance at 4.960 USDT – Breaking this level could fuel a rally, pushing TON toward higher targets. This is where buyers may start to gain control.
🔹 Support at 4.920 USDT – Holding this level is vital for bullish momentum. A breakdown could see TON dropping to 4.840 USDT or lower, attracting sellers.
📉 Short-Term Entry Strategy:
• Long Entry: Above 4.960 USDT with a target at 5.00 USDT. Stop Loss at 4.940 USDT to limit downside risk.
• Short Entry: Below 4.920 USDT aiming for a target of 4.880 USDT. Stop Loss at 4.940 USDT to avoid losses if it rebounds.
📈 Long-Term Entry Strategy:
• Bullish Bias: Sustained trading above 5.00 USDT could mark a breakout, with potential targets at 5.05 and 5.10 USDT.
• Bearish Bias: A drop below 4.840 USDT may signal a deeper correction, with next support levels at 4.800 and 4.750 USDT.
⚠️ Stay Alert: TON/USDT is at a tipping point, and the next move could be decisive.
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