$TON $TON ### **Technical Analysis: TON (Toncoin) / Tether (USDT)**
#### **Support and Resistance Levels:**
- **Support Levels:** $4.542, $4.300, $4.000
- **Resistance Levels:** $5.178, $5.300, $5.500
#### **Entry Signal:**
- **Buy Signal:** Look for a bullish candlestick pattern, such as a hammer or engulfing pattern, near the support level of $4.542. This indicates a potential reversal and buying opportunity.
#### **Stop Loss:**
- **Stop Loss:** Place a stop loss slightly below the support level, around $4.300, to minimize potential losses if the price moves against your position.
#### **Take Profit Levels:**
- **First Take Profit:** Target the first resistance level at $5.178 for a conservative take profit.
- **Second Take Profit:** If the price continues to rise, consider setting a second take profit at $5.300.
### **Summary:**
TON (Toncoin) is currently showing a slight upward trend with a recent high of $5.178. The support level at $4.542 is crucial to watch, as a break below this could indicate further downside. However, if the price holds above this support, there is potential for a move towards the resistance levels.
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