Technical analysis by HAMED_AZ about Symbol TON: Buy recommendation (8/16/2025)

Hello Traders! 👋 What are your thoughts on TONCOIN? TON/USDT remains in a long-term ascending channel and is currently approaching a major resistance area. The price has respected the lower boundary of the channel and continued its upward trajectory. If the resistance zone is broken in the coming attempts, it could open the path toward the next medium-term targets. Until then, we expect price to consolidate below this key level with potential for a bullish breakout on renewed momentum. Outlook: Bullish, as long as price holds within the ascending structure. A confirmed breakout above resistance will strengthen the bullish bias. Don’t forget to like and share your thoughts in the comments!❤️