RealMRA

"TON Coin Analysis Update πŸ“ˆπŸ”„"

Long
OKX:TONUSDT   Toncoin/Tether
Let's dive into an updated analysis of this beloved Telegram coin from last week and determine our next move.πŸ”’πŸŽ―

The previous analysis advised waiting for the weekly candle close and assessing the coin with volume and RSI confirmations before entering. πŸ•―οΈπŸ“Š

This week, with exciting news buzzing around this coin, it surged by a whopping 50%, hitting the target price of 4.314. πŸš€πŸ’₯

For those who entered at this point, you might consider moving your stop loss to break-even or withdrawing your initial investment and riding the profits. πŸ’°πŸ“ˆ

If you missed the entry, look for a potential pullback to around 2.552 and wait for confirmation candles before re-entering. Keep an eye on volume, ensuring it decreases during the correction, and look for confirmation candles with higher volume. πŸ“‰πŸ”

The next potential targets for this coin could be within the next Fibonacci range, which is located around 6.077. πŸ“ˆπŸ’‘

Personally, I'm refraining from new purchases and focusing on expanding my coin holdings through DeFi and Staking. πŸ’΅πŸ”„

Also, please remember that I'm just an analyst, and this isn't financial advice. We're here to stay in the market and maximize profits by adhering to risk and capital management principles.πŸ’ΌπŸ’‘
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