TON Long Trriger

219
TONUSDT | Bullish Retest & Fibonacci Confluence 🚀
TON has recently pushed into new highs, forming a strong uptrend on the 15-minute timeframe. The price is currently pulling back into key Fibonacci retracement levels, creating a potential long entry opportunity.

🔹 Technical Analysis:
✅ Trendline Support: The price is respecting an ascending dashed trendline, indicating bullish structure continuation.
✅ Fibonacci Levels: The 0.382 ($4.0286) and 0.5 ($3.9923) levels align with key support zones.
✅ EMA Confluence: Price is interacting with the 7, 25, and 99 EMAs, suggesting a possible bounce.

📊 Key Levels to Watch:
🔹 Immediate Support: $4.0286 (Fib 0.382)
🔹 Stronger Support: $3.9923 (Fib 0.5)
🔹 Breakout Resistance: $4.0740 (Fib 0.236)
🔹 Major Target: $4.1486

🚀 Long Setup Confirmation:
A strong bounce from the Fibonacci retracement levels ($4.0286–$3.9923) with increasing volume could confirm a long entry. A break above $4.0740 would signal bullish continuation towards $4.1486 and beyond.

🔻 Invalidation & Risk Management:
A break below $3.9563 (Fib 0.618) could invalidate this setup.

A stop-loss can be placed below this level to minimize risk.

If the trend holds, TON could be gearing up for another leg up! Watch for a strong reaction at key Fibonacci levels.

#TON #Crypto #Trading #LongSetup #TechnicalAnalysis 🚀

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