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Hxlaw
Hxlaw
$TON Positive points (Should Buy) • Recovery trend: The current price is at 1,967 USDT (+2,76%), has a cluster of green candles pushing up quite well after testing the short-term bottom around 1,870 - 1,920 USDT. • Support from MA lines: The price has cut up and is above the vast majority of short and medium-term moving averages such as MA5 (1.945), MA10 (1.947), MA20 (1.940) and MA30 (1.933). This shows that the buyers are dominating in the short term. Risks to be aware of • Upper resistance: Right above is the old peak of 1.994 and strong resistance line MA120 (zone 2.021). The price needs a stronger buying force (Volume) to break through the 2,000 area. • Trading volume: The buying volume in the current candle has increased slightly but has not really exploded compared to previous discharges. Strategic suggestions • Capital spread purchase (DCA): It is possible to buy a part around the area of 1,950 - 1,960 USDT. • Take profit/Cut loss: Short-term profit target around 2,000 - 2,020 USDT. Cut the loss if the price breaks through the hard support area of 1,920 USDT.

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