TON has doubled its value in Q3 and could post extra gains if the Fed decision is favorable to bulls.
Extra market volatility is likely in the next few hours as the FOMC Meeting gets underway on 19-20 September. A likely dovish stance could tip TON to front an extra rally, and the next crucial target is $2.9 .
Conversely, a drop below $2.22 will confirm the H4 market structure weakening. However, the breakout level and previous weekly bearish order block of $1.8 – $2.07 could ease the extended retracement.
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