Hi friends,
Today, we analyzed the TON chart in the Daily time frame. As marked on the chart, we had an important support level at the price of $4.63, which was broken two months ago.
It had a short squeeze and later, with the news of Paul Dorov, it had a good recovery, which failed to activate the daily V pattern.
Also, we have a daily resistance trend line that has rejected the price multiple times.
With current price action, we have a good level for shorting it below $3.33.
Today, we analyzed the TON chart in the Daily time frame. As marked on the chart, we had an important support level at the price of $4.63, which was broken two months ago.
It had a short squeeze and later, with the news of Paul Dorov, it had a good recovery, which failed to activate the daily V pattern.
Also, we have a daily resistance trend line that has rejected the price multiple times.
With current price action, we have a good level for shorting it below $3.33.
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