TONUSDT BUY POSITION
2024-12-08


TONUSDT
 is making higher highs in a bullish trend. The market recently produced a fake breakout of the psychological level at 7.00 which means possible deeper correction. On the daily timeframe, the price broke above a downward trendline that had restrained it for over four months. The formation of an equal low suggests that the price may retest below this equal low before moving higher. I anticipate a correction to occur, followed by a continuation of the bullish trend. My goal is resistance zone around 7.123


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