Lingrid | TONUSDT Buying OPORTUNITY on Pullback

13 Eyl

The price perfectly fulfilled my last idea. TONUSDT formed a double bottom below the key level of 5.00 and has since bounced back, closing above it. However, recent price action appears to be losing momentum due to the presence of bearish divergence, which could indicate a potential pullback. Looking left at the chart, we can see that the price has been consolidating between the 5.0 and 6.0 price zones, creating a triangular formation. This suggests that the market may remain stuck in this range for some time. I expect the market to form a pullback towards the key support level, viewing the double bottom as a potential fake breakout. My target is resistance zone at 5.90


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻