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Bullback

TONUSDT pullback from recent highTONUSDT briefly surpassed last week’s high but quickly retraced, dropping back below that level. While this could be interpreted as a false breakout, the price did manage to close above it on the daily timeframe, creating mixed signals. I anticipate the market may decline toward resting liquidity beneath the key 6.00 level. It's worth noting that corrections often occur during weekends. Furthermore, the market has repeatedly rebounded from the resistance zone between 7.20 and 7.50, making a pullback likely. The target is the support level at 6.060.
Short
by RTED_Investing
55

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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