🚀 $TON /USDT READY FOR BREAKOUT? KEY LEVELS & ENTRY STRATEGY REVEALED! 🚀
The TON/USDT chart on the 15-minute timeframe is showing strong signs of an impending move as it tests critical support and resistance within an ascending channel. With the current price at $5.017, TON is hovering close to its recent 24-hour high of $5.034, indicating a possible bullish continuation.
💡 Key Levels to Watch:
• Resistance Zone: $5.034 USDT – Breaking above this level could unleash a new wave of buyers, pushing TON towards higher targets.
• Support Zone: $4.960 USDT – This is a critical zone to hold. If broken, TON could see a pullback towards $4.940 or lower.
📈 Entry Strategy:
• Long Entry: Look for a breakout above $5.034 with a short-term target at $5.10. Consider a Stop Loss at $4.980 to manage downside risk.
• Short Entry: If TON fails to break resistance and dips below $4.960, a short position targeting $4.940 or lower could be strategic. Place a Stop Loss at $5.020.
⏳ Time Horizon:
• Short-Term: Trade within the channel, capitalizing on swift moves between support and resistance.
• Long-Term: Await a decisive breakout above $5.034 for a sustained bullish trend, potentially opening up higher targets.
TON/USDT is at a crossroads! Stay sharp, monitor these levels, and adjust entries as market momentum unfolds.
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