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Hxlaw
Hxlaw
$TON TONUSDT is showing signs of a strong recovery after a deep decline. The current price is at $1,597 (+5.41% in 24 hours), touching the strong support area around $1,439 before bouncing back. The 4H chart records a series of consecutive red candles pulling the price from above $2,000 to below $1,500, however, the buying force has appeared clearly in the nearest session with the big green candle. Many MA lines (MA5, MA10) have begun to bend up, giving short-term reversal signals. Positive points: • Volume increases with a strong bounce on the price. • The price is retesting the equilibrium area after the downtrend. Risk: • Still below the long-term MA (MA20 ~1.683, MA30 ~1.800). • The nearest resistance is $1,607 - $1,650. Overall, TON is in a period of technical recovery, suitable for short-term trading if it maintains momentum and volume. Investors need to closely monitor the reaction at $1.65 to confirm the new trend.

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