TON LONG
2024-11-13

The 2-day chart of TONUSDT highlights a potential reversal setup after forming a market structure break (MSB) around the 5.36 USD level. Price is now showing signs of bullish momentum with a possible move toward the higher resistance zone.

 Trade Plan: 
- Entry: Current price level (~5.36 USD) or upon minor pullbacks if price holds above the MSB level.
- Target: 8.28 USD – aligns with a major resistance level and potential profit-taking area.
- Stop Loss: Below 4.43 USD, near recent support, to manage downside risk.

This trade setup aims to capture a continuation of the bullish structure in TONUSDT, with a favorable risk-to-reward ratio.