Lingrid | TONUSDT April-May Low Fake Breakout

TONUSDT is recovering after a liquidity grab near the April–May lows, bouncing from the lower boundary of the descending channel. The current move is stabilizing inside the BUYING area, suggesting accumulation and possible breakout preparation. If the 2.77 support holds, price may rally toward the 3.00 psychological barrier. A deeper dip below 2.77 would negate the bullish setup and reintroduce downside risks.

📈 Key Levels

• Buy zone: 2.75–2.80
  
• Sell trigger: sustained close below 2.75
  
• Target: 3.00
  
• Buy trigger: breakout above 2.90 with volume
  

💡 Risks

• Low demand at the base could stall recovery
  
• Failure to break out of the downward channel weakens upside case
  
• Price rejection near 2.90 may trap early buyers
  

If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!