The price perfectly fulfilled my previous idea. It reached the target level. TONUSDT is currently making lower lows and it has closed below the 3.50 mark. Furthermore, the February monthly candle potentially will close bearish, indicating that the price could drop to even lower levels. On the daily timeframe, the market has formed lower lows, with the price recently reaching the February high from 2024. I think the market may retest the 3.00 levels to test the liquidity below. As a result, I anticipate that the market will continue to push lower. My target is support zone around 3.00
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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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.