Lingrid | TONUSDT Accumulation-to-Distribution Phase ShiftThe price perfectly fulfilled my last idea . OKX:TONUSDT is forming a bullish continuation after an extended accumulation phase above the support level at 2.67. The recent breakout above the downward channel and the retest of the blue trendline suggest strength building for a move toward the 3.10 resistance. If buyers hold above the 2.87 pivot zone, the price may rally into the upper red trendline before facing significant pressure. Confirmation above local structure is key to unlocking the full upside toward the resistance zone.
📈 Key Levels
Buy zone: 2.70–2.87 (blue trendline + April & May lows)
Buy trigger: strong hourly hold above 2.87 with follow-through
Target: 3.10 first, with extension to 3.40
Invalidation: breakdown below 2.67 kills bullish momentum
💡 Risks
Failure to hold above 2.87 may trap late buyers
Resistance at 3.10 may cause sharp rejection
Wider market weakness could negate this breakout attempt
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
