The price perfectly fulfilled my last idea. 
TONUSDT is testing support after pulling back from the consolidation zone and forming a higher low above key structure. The chart shows a breakout from the downward trendline followed by a corrective retracement back toward confluence support. As long as price stays above 2.903, a bounce and renewed move toward 3.595 remains the base case. Structure favors bullish continuation after the retest of the breakout level.
📉 Key Levels
💡 Risks
TONUSDT is testing support after pulling back from the consolidation zone and forming a higher low above key structure. The chart shows a breakout from the downward trendline followed by a corrective retracement back toward confluence support. As long as price stays above 2.903, a bounce and renewed move toward 3.595 remains the base case. Structure favors bullish continuation after the retest of the breakout level.📉 Key Levels
- Buy trigger: Break and hold above 3.200
- Buy zone: 2.903 – 3.050
- Target: 3.595
- Invalidation: Break below 2.903
💡 Risks
- Failure to hold confluence of upward trendline and horizontal support
- Weak follow-through above 3.2 could indicate distribution
- Resistance at 3.595 may trigger renewed selling before breakout
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
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🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.