Toncoin (TON/USDT) – Bullish Reversal in Play?
TON just tapped into a high-confluence Long Zone between $2.80 – $2.337, which acted as a powerful demand area during the last consolidation phase in late March. After a sharp drop today, price is now sitting at a key decision level. 🟢
Long Zone: $2.80 – $2.337
Historical Support: Held in late March before a significant run
Target: $4.20
If price holds this zone, we could see a strong bullish reversal toward the $4.20 region or above. The descending wedge pattern hints at a textbook accumulation-to-expansion setup—but only with proper confirmation.
🟢 High reward-to-risk setup for swing traders watching for trend shifts.
️ Don’t rush in. Look for signs of strength before entering.
Are you bullish on TON/USDT? Let’s discuss!