TON is forming a textbook Inverse Head & Shoulders pattern, a strong bullish reversal signal. The price is currently testing the neckline around the $3.90–$4.00 zone. A successful breakout and daily close above this level could confirm the pattern and trigger a move toward the $4.80–$5.20 resistance area.Bullish Confirmation: Neckline breakout with volume.
Invalidation: close below 3.5
DYOR, NFA
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.