💎 TONUSDT

Thoughts on the market

Let's see how cunning MM will be this time.

The last review worked almost perfectly according to plan:

We plan to find resistance in the area of ​​$6.8-6.9 and we can go back to $6 - sideways, where we can still “sway” for a while on the Fib until the next bull wave or a very tight investment.

After a small cut in the side, I think we need a small move a little lower to the area of ​​5.8, then the way will open to update the local equal maximums (6.725). Only when fixed above them will I consider longs for overshoot.

So far, all the moves for me are sideways around the DSLR (5.5), I don’t rule out distribution and going under it, but I don’t see much sense in this for the ecosystem - only if it’s vacation and playing with futures.

The next bullish driver for $TON is the new season of the Open League and the official confirmation of the listing on Banana, if it does happen (note that it is not the listing itself, but the off-news).

So there is quite the logic for a probabilistic long movement. And as always, we’ll wait and see 😉💵