Lingrid | TONUSDT Base Building For Expansion

TONUSDT continues to drift along the lower boundary of its long-standing descending channel, hovering just above the support near 2.87. Despite repeated lower lows, price action is compressing within a narrowing wedge above the "buying area," suggesting potential for a breakout attempt. Bulls may target 4.30 if the lower boundary holds and a reversal confirms. Accumulation signs are becoming more evident at these levels.

📈 Key Levels

• Buy zone: 2.85–3.00
  
• Buy trigger: breakout above 3.00
  
• Target: 4.30
  
• Sell trigger: breakdown below 2.85
  

💡 Risks

• Rejection at the 3.00 psychological and horizontal resistance
  
• Failure to break downward trendline
  
• Breakdown of channel support would open deeper downside potential toward 2.00
  

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