Potential shift in market sentiment
TON has broken its downtrend line, signaling a potential market shift. Monitor corrections to $6.8 for consolidation before targeting $8.5 and $9 for potential upside.
6/9/20241 min read
![TON price chart showing a breakout from the downtrend line, with potential corrections to $6.8 befor](https://assets.zyrosite.com/cdn-cgi/image/format=auto,w=1018,h=586,fit=crop/mP4DRvxXEycnaE1Q/2-m7VpJZa7B9c4plk8.png)
![TON price chart showing a breakout from the downtrend line, with potential corrections to $6.8 befor](https://assets.zyrosite.com/cdn-cgi/image/format=auto,w=328,h=189,fit=crop/mP4DRvxXEycnaE1Q/2-m7VpJZa7B9c4plk8.png)
TON has successfully broken its downtrend line, indicating a potential shift in market sentiment. Monitor for corrections down to the $6.8 level, as this could provide a consolidation phase before the next upward move. After completing the pullback, TON/USDT could potentially reach mid-term targets of $8.5 and $9, suggesting significant upside potential.