#TONUSDT | 4 HOUR TIMEFRAME UPDATE
2024-10-10

#TONUSDT | 4 HOUR TIMEFRAME UPDATE

The price of #TON has dropped below the previous weekly low (PWL), bringing it to a discounted level. 

On the higher time frames, I remain bullish on #Toncoin. Currently, the price is around $5.149, which presents a good spot-buying opportunity. However, I’m waiting for confirmation on the 1-hour timeframe before opening a long position. 

The targets for this upward movement are set at $5.245, $5.329, $5.410, and $5.510. 📈

The primary target is the daily Fair Value Gap (FVG) zone, between $5.510 and $5.650. 