Price rebound
TON analysis: Triangular pattern suggests balance in buying and selling pressures. Key support range could lead to a rebound, with resistance levels at $0.013 and $0.014.
8/4/20241 min read
TON is currently in a triangular pattern, signaling a balance between buying and selling pressures. This pattern is often considered a precursor to the continuation of the previous trend or a trend reversal.
Support Range:
TON is approaching the identified support range. This support range acts as a crucial point to prevent further price declines and can provide the basis for a price rebound and the start of an upward move.
Resistance Levels:
If the price rebounds from the support range, the key resistance levels are at $0.013 and $0.014. These levels can be considered price targets for an upward move.
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