Technical Analysis: #TON/USDT 1-Day Chart shows a drop from a high of around 4.211 to a low of 2.355 recently, with a small dip (-1.69%) today. A falling wedge pattern is forming could mean a chance to bounce back
Support Zone: A strong base is at 2.600-2.789, where buyers might jump in.
Resistance Level: The next big test is at 3.091-3.265—break that, and it could rise
Falling Wedge: This pattern, with its narrowing lines, often signals a bullish move if it breaks above 3.265
Momentum: The downtrend had steady volume, but the pattern hints at a possible upturn.
Timeframe:Watch the next few days for the wedge to break out.
Possibilities:
Bullish Move: A jump above 3.265 with good volume could push it to 3.600 or more!
Bearish Drop: A fall below 2.789 might take it back to 2.355—stay careful!
Safety Tip: Set a stop-loss below 2.789 to stay safe.
Support Zone: A strong base is at 2.600-2.789, where buyers might jump in.
Resistance Level: The next big test is at 3.091-3.265—break that, and it could rise
Falling Wedge: This pattern, with its narrowing lines, often signals a bullish move if it breaks above 3.265
Momentum: The downtrend had steady volume, but the pattern hints at a possible upturn.
Timeframe:Watch the next few days for the wedge to break out.
Possibilities:
Bullish Move: A jump above 3.265 with good volume could push it to 3.600 or more!
Bearish Drop: A fall below 2.789 might take it back to 2.355—stay careful!
Safety Tip: Set a stop-loss below 2.789 to stay safe.
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