TON has moved below its last impulsive wave, initiating a bearish phase on the 4-hour chart. The presence of long wicks may be a sign of significant trapped positions, likely indicating that whales have already closed out their trades in this zone.
Based on the 4-hour chart, Ton’s bearish shift and the following correction point to a new target at the $2.88 level. Keep in mind this analysis applies only to the 4-hour timeframe, not the daily.
You should consider the timeframe in which you're trading. As long as TON does not break above the $3.60 level and close a candle with a new high, it will remain bearish on the 4-hour chart. Therefore, I do not recommend any trades on TON at the moment.
TONUSDT Hit $3.36 before a healthy pullback — perfectly normal in a strong bullish trend. Key accumulation zone: $3.05–$3.20. Next bullish targets: $3.63 → $4.20 → $4.68. Who’s buying dips? 🐂
Toncoin (TON) has completed its correction following the last impulsive move and is now pushing upward again. Technically, the next major target sits around the $3.35 level.
However, before reaching that level, TON faces a resistance at $3.27 — a level that has been tested multiple times in the past and may cause a temporary pullback.
On the TON/BTC pair, the price still hasn’t broken above the 200 MA band, which remains a limiting factor for bullish momentum.
For short-term traders:
Entry: $3.17 Target: $3.27 Potential Gain: 3%
This setup may offer a quick profit opportunity, but caution is advised.
TONUSDT Strong momentum — $3.15 target hit, now stabilizing around $3.23. Above $3, bulls are still in control. Next big target: $3.63. Are you riding this trend guys ?