TON Analysis Time

The price movement of Toncoin indicates that it is progressing in line with last week’s analysis, with no significant changes observed in its overall structure.

✅ Key Resistance Level:
The $5.9 level is acting as a critical resistance. If the price successfully breaks through this level, a potential upward movement toward the $6.6 range can be expected.

✅ Bearish Scenario:
If the $5.9 resistance level is not broken, a price decline toward the identified support level is likely.

✅ Conclusion:
As long as the price remains unable to break the resistance level, the bearish trend remains more probable. Traders are advised to closely monitor price action around this key level and make decisions based on the market's reaction in this range.
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👤Morteza Yazdani

⚠️This isn't a financial proposition, TonRadar solely analyzed TON. (DYOR)

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