#TONUSDT – breakout from the downtrend ⬆️

After sellers failed to hold the price below the $1.30 level, the coin bounced and has now broken above the trendline resistance.

📊 Considering the overbought RSI conditions, a short-term retest of the broken trendline from above is likely. If the support holds and pushes the price higher, we could see a continuation of the recovery in the mid-term.

In that case, I’ll be looking to open a low-leverage long position on $TON targeting the $1.70 area.

TONUSDT

Perp

1.4556

+4.34%