Toncoin has been trading inside a descending triangle formation, showing consistent lower highs while testing the $3.10 support level multiple times.
🔹 Price is currently consolidating at support after a recent break of structure (BOS).
🔹 If this weak low gives way, the next major downside target could be around the $2.80 – $2.70 zone, where historical demand and volume profile support are aligned.
🔹 Resistance remains strong at the $3.50 – $3.70 area, and bulls would need to reclaim this zone to shift momentum back upward.
This setup highlights the importance of the $3.10 support level—a decisive move below may confirm further bearish continuation.
Keep an eye on volume reaction and price confirmation before making any trading decisions.
🔹 Price is currently consolidating at support after a recent break of structure (BOS).
🔹 If this weak low gives way, the next major downside target could be around the $2.80 – $2.70 zone, where historical demand and volume profile support are aligned.
🔹 Resistance remains strong at the $3.50 – $3.70 area, and bulls would need to reclaim this zone to shift momentum back upward.
This setup highlights the importance of the $3.10 support level—a decisive move below may confirm further bearish continuation.
Keep an eye on volume reaction and price confirmation before making any trading decisions.
Trade active
Trade has been active ; Risk mange has properly
$ FOREX / GOLD / BTC | Real Trades,Real Result | Risk-managed strategiesn &VIP Signal {My Personal Entries} Join Telegram _ Trade smater ||
📬 Join Free Channel:
t.me/profitmagnetpro12
📬 Join Free Channel:
t.me/profitmagnetpro12
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
$ FOREX / GOLD / BTC | Real Trades,Real Result | Risk-managed strategiesn &VIP Signal {My Personal Entries} Join Telegram _ Trade smater ||
📬 Join Free Channel:
t.me/profitmagnetpro12
📬 Join Free Channel:
t.me/profitmagnetpro12
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.