TONUSDT
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Hello Traders!What are your thoughts on TONCOIN?
TON/USDT remains in a long-term ascending channel and is currently approaching a major resistance area. The price has respected the lower boundary of the channel and continued its upward trajectory.
If the resistance zone is broken in the coming attempts, it could open the path toward the next medium-term targets.
Until then, we expect price to consolidate below this key level with potential for a bullish breakout on renewed momentum.
Outlook: Bullish, as long as price holds within the ascending structure. A confirmed breakout above resistance will strengthen the bullish bias.
Donโt forget to like and share your thoughts in the comments!๏ธ
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Iโm also leaning bullish on TON, especially with how cleanly itโs respecting that ascending channel. Every dip so far has been bought up aggressively, showing strong underlying demand. The key resistance zone you highlighted is crucial โ once that level breaks with volume confirmation, I could see TON pushing toward new highs pretty fast.
That said, consolidation under resistance can also be a liquidity trap. If the breakout fails, we might see a retest of the mid-channel before any real momentum resumes. My plan is to scale in gradually on dips while keeping a tight eye on BTCโs movement, since overall market sentiment could either fuel or stall TONโs breakout.
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Great analysis! TON is one of the more interesting alts right now because it combines technical strength with strong fundamentals. The Telegram integration and ecosystem growth are giving it legit utility, which means every breakout attempt carries more weight than just chart patterns.
Iโm watching two things here:
1๏ธโฃ If TON breaks resistance with strong volume, next target zone for me is around the previous local highs โ after that, skyโs the limit.
2๏ธโฃ If it gets rejected, Iโll look for accumulation signals near the lower boundary of the channel, since thatโs been a reliable support area.In short, as long as TON stays inside this channel, the macro trend remains intact. Breakout = acceleration phase. Rejection = opportunity to reload lower. Either way, the structure is bullish long-term.