🚨 $TON Trade Alert 🚨

Current Price: $5.19 (-0.33%) 📉

$TON is in a consolidation phase around the $5.20 level after retracing from its recent high of $6.40. It seems to be stuck in a narrow range, and a breakout in either direction could signal the next big move. This is a crucial point for traders to watch closely!

Resistance: $5.40

Support: $5.13

💡 Long Trade: Enter above $5.40, targeting $5.80, with a stop loss at $5.13.
🔥 Short Trade: Enter below $5.13, targeting $4.80, with a stop loss at $5.40.

Which way will $TON break? Keep an eye on the volume and market sentiment!

#TONUSDT #CryptoTrading #BinanceSquareFamily #Consolidation #Write2Earn!

#SECRET TO PRICE MOVEMENT

Every Movement on the chart is based on Economic principles of Supply and Demand.

Buyers of Assets creat Demands ( Buyer Pressure)
While , Sellers of assets creat Supply ( Seller Pressure) .

#Consolidation
When Supply Matches Demand known as Consolidation .and This is not an Ideal Scenario for Traders who aim to take profit from price Swing .

#Most profitable move:
It happens when buyers and sellers are out of balance👇, The following Figures illustrates :

$BTC is holding steady!

After a recent price surge, BTC is now consolidating above a crucial support level of $54K.

A breakout above the $57K resistance could ignite the next leg of the uptrend, while a dip below support might trigger a healthy pullback.

The stage is set for the next move - will BTC continue its ascent or take a brief pause? 🤝

Keep a close eye on this key support level for a potential buy signal!

#Bitcoin #BTC☀ #CryptoNewss #Consolidation