TONUSDT is undergoing a significant correction after forming a lower high near the 3.40 level, right under the red resistance trendline. The price has now broken below the upward channel, accelerating the sell-off toward the key support at 2.87. A false breakout below May’s low could act as a bullish trap and trigger a rebound back toward the 3.15 zone.📈 Key Levels
- Buy zone: 2.85–2.89
- Sell trigger: confirmed breakdown below 2.87
- Target: 3.15
- Buy trigger: reclaim of 2.95 with bullish engulfing
💡 Risks
- Continuation below 2.85 may invalidate bullish structure
- Weak rebound could result in a lower high and further downtrend
- Resistance at 3.15 remains firm and may cap upside potential
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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🌎WebSite: lingrid.org
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.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.