🔹 Market Overview
TON/USDT has been in a strong downtrend, dropping over 6% in the last session. The price has formed multiple Fair Value Gaps (FVGs) above, signaling potential liquidity zones where sellers may step in. However, we’re now seeing signs of a possible short-term reversal, with the price attempting to break out of the local support zone around $3.11 - $3.17.
The question now: Is this just a dead cat bounce, or are the bulls preparing for a stronger push?
📌 Key Levels to Watch
✅ Resistance Zones (Potential Take-Profit Targets for Longs):
$3.22 - First Resistance (Breakout Point) 🚀
$3.35 - Fair Value Gap Resistance ⚠️
$3.50 - Major Resistance (Trend Shift Confirmation) 🔥
❌ Support Zones (Short Targets & Potential Reversal Points):
$3.17 - Key Pivot Level (Break Below = Bearish) 🛑
$3.05 - Next Support 🛠️
$2.95 - Final Line of Defense for Bulls ⚡
🎯 Trade Setup – How to Play This Move
📈 Long Setup (Bullish Scenario) 📈
🔹 Entry: Wait for a clean break & retest above $3.22, ideally with strong bullish volume confirmation.
🔹 Take-Profit Targets:
TP1: $3.35 (First resistance zone)
TP2: $3.50 (Trend reversal confirmation)
🔹 Stop-Loss: Tight SL below $3.17 to protect against fake breakouts.
👉 Confirmation Needed: A 15M or 1H candle closing above $3.22 with strong volume for validation.
📉 Short Setup (Bearish Scenario) 📉
🔹 Entry: If the price rejects at $3.22 - $3.25 and starts reversing with bearish volume, enter a short position.
🔹 Take-Profit Targets:
TP1: $3.05 (First support)
TP2: $2.95 (Bearish continuation zone)
🔹 Stop-Loss: SL above $3.25, as a breakout invalidates the short setup.
👉 Ideal Setup: Look for a bearish rejection wick or a failed breakout at $3.22, indicating a lack of buying strength.
🧐 Final Verdict – What’s the Play?
TON/USDT is at a crossroads.
📌 A break above $3.22 signals a trend reversal, targeting $3.35 - $3.50.
📌 A failure to hold $3.17 means bears regain control, with $3.05 - $2.95 as the next downside targets.
💡 Pro Tip: Watch volume closely—low volume breakouts often lead to fakeouts. Let the market confirm its direction before committing.
📢 Risk Management: Always use stop-losses and manage your position size to protect capital!
$TON #TON #Toncoin #Signal🚥.