TONUSDT. Trading opportunity

On the daily timeframe, the price formed a sideways movement and hit the mandatory target of the buyer's vector 4-5 (7.2755 was reached). Currently, the price is in a seller's context. The next relevant seller's vector 5-6 has a potential target of 5.18. Yesterday, the seller showed a weak reaction on the daily timeframe (spread, volume, and the tail of the bearish candle), and the tail of this candle tested the volume key candle (on the "rKC" chart) of the buyer's vector 4-5, from which a strong buyer reaction started on the hourly timeframe: 3 buyer candles with good spread from the level of 6.5615.

On the hourly timeframe, the price also formed a sideways movement. The bearish seller's vector 9-10 reached the mandatory target. The next relevant buyer's vector 10-11 has a potential target of 7.2232. A liquidity pool of sellers formed below points 4 and 10 of the sideways movement, at 6.5615.

A weak seller on the daily timeframe may overcome a strong buyer on the hourly timeframe. Sales may be considered:

• Option 1: Implementation idea of the seller's vector 5-6 on the daily timeframe: if the price breaks the lower boundary of the sideways movement on the hourly timeframe (6.5615) and defends this breakout. An ambitious potential target is 5.18.
  
• Option 2: Implementation idea of the seller's vector 11-12 on the hourly timeframe. After the implementation of the buyer's vector 10-11 and the defense by the seller of the level 7.2232. The potential target is the opposite boundary of the sideways movement.
  

Buy entries can also be sought from the implementation idea of the buyer's vector 10-11 on the hourly timeframe.

• Option 1: The most interesting option. If the buyer gathers liquidity from the seller below 6.5615, returns the price to the sideways movement on the hourly timeframe, and defends the level 6.5615. Possible targets are 7.2232, 7.45, and 7.675.
  
• Option 2: Upon the defense by the buyer of the level 6.8125, a buying opportunity can be sought. Possible targets are 7.2232, 7.45, and 7.675.
  

Comment:

At the lower boundary of the sideways range on the hourly timeframe, a sideways formation has appeared on the 10-minute timeframe. It's preferable to look for buy opportunities after the protection by the buyer at the 8 point of the sideways range - $6.57, following the realization of the seller's vector 9-10. The initial potential target is the upper boundary of the sideways range: $6.7994, followed by $7.2232, $7.45, and $7.675.
If the buyer breaks the upper boundary of the sideways range at $6.7994 during the realization of vector 10-11, and the seller's vector 9-10 does not touch the level of $6.8425, it's important to observe whether $6.8425 becomes an insurmountable barrier for the buyer.