TONUSDT - BUY IDEA

Looking at the TONUSDT (Toncoin/Tether) on the 15-minute chart, the market is currently showing signs of a potential bullish continuation. We see that the price has likely completed its corrective wave 2 and is now setting up for a possible wave 3 upward move. The price action has started to form higher highs and higher lows, indicating a reversal from the recent bearish trend.

The Fibonacci retracement level at 0.618 around $5.579 could act as a significant resistance point for wave 5. If the price manages to break through this level, it could lead to further bullish momentum, potentially reaching new highs.

This setup is a great opportunity for those looking to go long on TONUSDT. By entering the market near the current levels, traders could ride the wave up towards the Fibonacci targets, making this a potentially profitable trade. The key is to watch how the price reacts at these Fibonacci levels, as they will likely dictate the strength and continuation of the upward trend.