Lingrid | TONUSDT Price ACTION Before the anticipated ALTSEASON
2024-09-20

The price perfectly fulfilled my last idea.  OKX:TONUSDT  has bounced off the support level and is now trading just below the key round number of 6.00. Currently, the market is in an accumulation phase, and a breakthrough of this critical level could trigger a bullish run. This hints that the market may be gearing up for the upcoming altseason. Presently, the price action is forming a compression channel in the shape of an ascending triangle. The upward trendline below has supported the price for about a week, and if the price retests both the support and the trendline, I anticipate a bounce and a continuation of the upward momentum. My target is resistance zone at 6.180



Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻 