Is It Time to Buy Toncoin? | BITmarkets
Insights Analysis Is It Time to Buy Toncoin?

Is It Time to Buy Toncoin?

May 14, 2025 Analysis
BITmarkets | Is It Time to Buy Toncoin?

In our previous analyses, we’ve consistently highlighted early opportunities to enter the market before broader bullish trends took hold. This week, our focus has shifted to managing those now-profitable positions effectively.

However, we also recognize that not everyone had the chance to capitalize on those earlier setups. That’s why we’ve turned our attention to a new potential buying opportunity in Toncoin.

Toncoin technical analysis

TonMay.1

TONUSD - 1 Day Time Frame

Starting with the daily timeframe, it’s important to highlight how accurately Toncoin continues to respect a well-established support zone — a level that has been in place for a considerable period.

Despite its age, this zone retains its technical relevance and strength. For clarity, we've highlighted this zone in orange on the attached chart.

Another equally important factor in the current setup is the initial sweep of Sell-Side Liquidity, which occurred below a critical low — a level formed during the release of significant fundamental news.

It’s typically expected that a large group of market participants place Stop Loss orders below such a prominent low. When the price falls below these levels, it often signals that new buy orders have found their counterparty.

This brings us to the final component of the setup. Following the liquidity sweep and the defense of the orange support zone, the price recorded a strong impulsive upward movement, during which a new support zone was established. We've marked this new zone in blue on the chart.

Toncoin price target

With this structure in place, the setup now allows for a valid entry into a buy position, provided that proper risk management rules are applied.

Specifically, as long as the blue support zone remains intact on the daily timeframe — meaning the daily candle does not close below it — the position can be held with more confidence.

The Stop Loss order, in this case, can be placed just below the internal higher low, helping protect the trade without prematurely cutting off the position.

On the upside, the Buy-Side Liquidity level serves as a logical target where partial or full profit-taking can be executed depending on your strategy.

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