$𝗧𝗢𝗡 is starting to show some pretty interesting short-term momentum recovery signals.😍💰💰✅ bonus on the first post of my profile 💸💲
The 15m candlestick chart shows TON bouncing strongly from the $1.859 area and currently maintaining a clear higher low structure.
Some notable points:
- buyers reacted well after the liquidity sweep to the downside
- the RSI remains above neutral levels
- the MACD histogram is starting to turn green again
- the current recovery momentum has not been aggressively sold off yet
That said:
the $1.98 area remains a very important short-term resistance.
If TON can break this level cleanly with solid volume:
the probability of another expansion move becomes much higher.
For now:
the market still feels more like a slow grind rather than a true impulsive breakout.
𝗙𝘂𝘁𝘂𝗿𝗲𝘀 𝘃𝗶𝗲𝘄
Position: Long scalp
Entry: $1.94 - $1.95
Stop Loss: $1.91
TP1: $2.01
TP2: $2.04
TP3: $2.08
R:R: Looks pretty decent as long as the current higher low structure holds.
Best case:
TON consolidates slightly below $1.98 and then breaks out.
Bearish scenario:
a false breakout above $1.98 with weak volume could lead to a rejection back towards the $1.92 - $1.90 area.
At this moment, it's still not the best FOMO zone.
But TON remains one of the ecosystems with a relatively strong narrative and recent attention, especially as altcoin liquidity starts to rotate back into the market.
Always manage your capital properly, avoid going all in, and DYOR before making any trading decisions.