This is an update on the previous analysis of toncoin. Given the breakdown in the trendline, as expected in the market cycle, we are entering the final phase of the previous trend, which is a consolidation range. At the upper level of this range, we see a collision, and at the lower end, we have several collisions indicating unsuccessful selling efforts. Friends advise me to set a trading target, but I am only providing you with a perspective on the market because many factors influence a successful trade, including both individual conditions and your timeframe for trading. However, for now, my trading style personally suits trading within the range I've outlined. I'm waiting for the formation of a new trend for this currency. With the successful breakdown of this box, considering the type of candle and the direction formation, my trading style has changed. However, given the nature of the market and the news behind this currency, along with the technical analysis I'm conducting on this currency, I am still bullish, and the conditions for my violation are the formation of a new low in the four-hour timeframe.
