📊 Technical Analysis
● Price exited a 6-month falling wedge, retested the purple breakout line near $2.90 and is printing successive higher lows inside a nascent up-sloping channel.
● The wedge’s 0.618 projection and horizontal cap align at the $3.95 resistance band; holding above the $2.89 support trend keeps that target in play, with the long-term ceiling at $5.99 next.
💡 Fundamental Analysis
● Telegram has begun routing merchant payments through TON rails, broadening real-world demand for the token.
● Recent on-chain data show earlier long-term holders taking profit near $5 yet buyers quickly absorbed supply, signalling underlying bid strength ahead of another push higher.
✨ Summary
Buy dips toward $2.90-3.00; as long as the breakout line holds, look for $3.50 then $3.95. Bull thesis void on a weekly close below $2.82.
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● Price exited a 6-month falling wedge, retested the purple breakout line near $2.90 and is printing successive higher lows inside a nascent up-sloping channel.
● The wedge’s 0.618 projection and horizontal cap align at the $3.95 resistance band; holding above the $2.89 support trend keeps that target in play, with the long-term ceiling at $5.99 next.
💡 Fundamental Analysis
● Telegram has begun routing merchant payments through TON rails, broadening real-world demand for the token.
● Recent on-chain data show earlier long-term holders taking profit near $5 yet buyers quickly absorbed supply, signalling underlying bid strength ahead of another push higher.
✨ Summary
Buy dips toward $2.90-3.00; as long as the breakout line holds, look for $3.50 then $3.95. Bull thesis void on a weekly close below $2.82.
-------------------
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Trade active
📊 Technical Analysis
● Price is compressing inside a 10-day pennant whose base sits on the rising-channel support at $2.95; the sequence of higher-lows against a flat $3.10 cap signals building bullish pressure.
● A 2 h candle through $3.10 should unlock the channel mid-line / March supply at $3.50, with the pennant’s measured move pointing to the former spike high at $3.95. The purple breakout line/ $2.89 remains key support.
💡 Fundamental Analysis
● Tether’s mid-May launch of USDT on TON has boosted on-chain liquidity; Tonkeeper reports daily active wallets at a 5-month high, indicating growing network usage and token demand.
✨ Summary
Go long $2.90-3.00; pennant break >$3.10 targets $3.50 → $3.95. Invalidate on a 4 h close below $2.82.
-------------------
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90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.