TON Price Update
Hello Traders,
TON is currently in a downtrend and is approaching its support zone. The range between $2 and $3 presents a good accumulation opportunity, as both the horizontal support and the support trendline align within this area. The RSI is showing positive signs and may soon form a bullish divergence, indicating a potential shift in momentum.
Strategy:
~ Accumulate/DCA: $2 – $3
~ Target: $6 – $8
~ Invalidation: Weekly close below $2
~ Trade Type: Spot
Note: It is advisable to conduct your own research and analysis before investing.
Hello Traders,
TON is currently in a downtrend and is approaching its support zone. The range between $2 and $3 presents a good accumulation opportunity, as both the horizontal support and the support trendline align within this area. The RSI is showing positive signs and may soon form a bullish divergence, indicating a potential shift in momentum.
Strategy:
~ Accumulate/DCA: $2 – $3
~ Target: $6 – $8
~ Invalidation: Weekly close below $2
~ Trade Type: Spot
Note: It is advisable to conduct your own research and analysis before investing.
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.
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.