OU$ BRUTALLY HONEST $TON ANALYSIS THAT WOULD ASSIST YOU IN UNDERSTANDING ITS MARKET STRUCTURE!
Currently, TON has held its ground where its high price is sitting at. There will be several retests on these resistances that are currently obstructing the price from attaining another high. We are now looking forward to the next possible price action that could potentially become one of its major movement for its long-term prospects.
The primary focus of the confirmation is that TON has dubbed all potential rejections "mere corrections" and has withstood them. As of right now, the tendency of this token to instantly slash its neckline is still invalidated due to the way its head and shoulders are formed. We are therefore preparing a number of limit orders near its neckline, which is at 4.52-4.68, and other limit orders that are a little below this neckline. We can fairly predict that it will retest its main resistance when more of these limit orders appear, and from there we can see if the buying pressure will increase or decrease.