TONUSDT Potential up Swing
2024-10-18

TONUSDT is currently moving sideways, hovering just above the psychological level of 5.00 and consistently bouncing off this key level. The price action is forming an inverse head and shoulders pattern, which suggests a potential upward move toward higher levels. Additionally, the market is testing the downward trendline, and a breakout above this line could signal the start of a bullish trend. As long as the price remains above 5.00, the expectation is for a continued bullish move. The target is the resistance zone around 5.520