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Technical analysis by SasanSeifi about Symbol TON: Buy recommendation (11/15/2024)

https://sahmeto.com/message/3002641
SasanSeifi
SasanSeifi
Rank: 13058
1.5
Buy،Technical،SasanSeifi

Hey there, ✌ By analyzing the daily chart TONUSDT, it is evident that the price encountered demand around the $4.50 level and, after breaking through the supply zone, rose to approximately $5.50. Following this rise, the price retraced to the broken level, which has now shown a reaction. The outlook remains bullish. It is anticipated that after a consolidation phase, if the price stabilizes above the $5.50 level, it could advance in the medium term toward the $6.15 target and the bearish order block at the $6.50 level. Should the price continue to rise, observing its reaction to maintain this trend will be important. Currently, the $5.00 level serves as a support zone.💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!Happy trading!✌😎Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌🔹Ton Coin also followed the expected scenario and grew by 25%. The $6.50 level was touched.🍻🚀🔥

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$5.32
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