🚨 $TON /USDT Trading Alert 🚨
The price is currently $5.224, trending within a well-defined ascending channel on the 15-minute timeframe. With steady bullish momentum, we are closely monitoring key levels to identify potential trading opportunities.
📈 Support: $5.200 – This level has provided solid buying pressure, maintaining the price within the channel.
💡 Resistance: $5.240 – Price has tested this area multiple times, and a break above could signal a strong upward move.
🔍 Entry Strategy:
Long Trade: Enter above $5.240 if momentum continues, targeting $5.260 and $5.280 for potential gains.
Short Trade: If price drops below $5.200, consider a short position targeting $5.180 and $5.160.
📉 Stop Loss: To manage risk, place stop-loss orders at $5.190 for long trades and $5.250 for short trades.
This setup is ideal for traders looking to capture the next breakout or breakdown while maintaining tight risk management. Keep a close eye as $TON/USDT approaches critical levels! 🚀
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