#TON/USDT
2024-09-16

We have an ascending channel model on the 4-hour frame, the price is moving within it and adhering to its borders well and heading to break it down.

We have a resistance area in green at a price of 5.90 if the price touches it and rebounds from it.

We have a trend to touch the moving average of 100.

We have an upward trend on the RSI indicator that supports further decline.

Entry price 5.65.
First target 5.50.
Second target 5.22.
Third target 4.87