#TONUSDT | DAILY TIMEFRAME UPDATE
2024-09-19

#TONUSDT | DAILY TIMEFRAME UPDATE

I'm currently watching #TON to reach the $6.056 - $6.366 zone, where we'll be looking for potential short positions.

Why is this grey zone so important? 🤔

This area, as seen on the weekly chart, is a key bearish order block and also represents the premium zone for #Toncoin. Once the price enters this region, we’ll shift to the 1H timeframe to look for confirmation signals before entering a short position.

As soon as confirmation is established within the grey zone, I'll provide the target levels. ✅

Invalidation for this setup is above $6.900.

