TONCOIN (TON/USDT): Wave 5 or Impulse Failure
📈 Weekly Scenarios
Bullish scenario: Price holds above ~$2.70 and breaks through ~$3.90 → start of wave (3) or (5) up → target ~$5.00+.
Consolidation: Price remains in the ~$2.70-$3.90 range without a clear move, market paused.
Bearish scenario: Price breaks below ~$2.60-$2.70 with volume confirmation → start of a corrective wave → possible move to ~$2.10-$2.20.
✅ Conclusion
For the coming week, the technical picture for TON/USDT is on the verge of a reversal.
Holding support at ~$2.60-$2.70 and breaking above ~$3.90 could activate upward momentum.
A breakout below $2.60 is a signal for caution and a possible decline.
The wave count is still unclear, so it's important to monitor the price reaction at key levels.
📈 Weekly Scenarios
Bullish scenario: Price holds above ~$2.70 and breaks through ~$3.90 → start of wave (3) or (5) up → target ~$5.00+.
Consolidation: Price remains in the ~$2.70-$3.90 range without a clear move, market paused.
Bearish scenario: Price breaks below ~$2.60-$2.70 with volume confirmation → start of a corrective wave → possible move to ~$2.10-$2.20.
✅ Conclusion
For the coming week, the technical picture for TON/USDT is on the verge of a reversal.
Holding support at ~$2.60-$2.70 and breaking above ~$3.90 could activate upward momentum.
A breakout below $2.60 is a signal for caution and a possible decline.
The wave count is still unclear, so it's important to monitor the price reaction at key levels.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.