DeGRAM | TONUSD forming the new triangle📊 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.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
