Gram/USDT
Long

Toncoin: Bullish resumption after h-low confirms bull market

614
A bull market is already unfolding on TONUSDT, it started months ago. The initial move was a strong and sudden one but the start is never the end. After a very small, short-lived retrace we are seeing the development of a new bullish wave. A bullish wave that we can enjoy for years to come.

The first move found resistance at $2.91. Coming from a low of $1.11 in early February, this meant a 155% bullish wave, but there is more.

The next target sits at $5.33. This is the 0.618 Fib extension level and works perfectly as a continuation of the $2.91 high. When Toncoin hits $5.33, in the coming months, or weeks, this will match the same prices from January 2025 and then higher it goes.

Certainly we will find resistance again close to the all-time high, around $8, followed by a new all-time high. One question remains.

Will a new ath hit this or next year?

Thank you for reading.

Leave a comment with your answer.

Namaste.

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