Lingrid | TONUSDT in DEEP Correction Phase
2024-12-20
Category: None

OKX:TONUSDT  is moving lower following a sell-off in the crypto market. It is approaching a support level where it previously bounced back, forming a spike, and is near the round number of 5.00. It may consolidate above this level, but I believe the market is likely to dip slightly below it after having surged from the support zone beneath 5.00 before. I expect to see buying pressure around the support zone and the downward trendline, which has previously acted as strong support, with the price bouncing off the trendline twice before. My goal is resistance zone around 5.860

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