$TON (The Open Network) Market Update

Liquidation Alert:

$54K in long positions were liquidated at $3.842, signaling increased selling pressure and potential short-term weakness.

Market Overview:

$TON has experienced a pullback following the liquidation of long positions. The price is now testing key support, and the next move will depend on whether buyers step in to reclaim control or if further downside occurs.

Key Levels to Watch:

Resistance: $4.90 – $5.00 (A breakout above this range could signal a recovery)

Support: $4.80 – $4.75 (If this level fails, further downside could follow)

Trade Strategy:

Buy Zone: $4.80 – $4.842 (If price stabilizes and shows signs of bullish reversal)

Sell Zone: $4.90 – $5.00 (If price struggles to break above resistance)

Target: $5.20+ (If momentum strengthens and resistance is cleared)

Market Sentiment:

$TON is under pressure following long liquidations. If support holds around $4.80, a rebound may be possible. However, a break below this level could lead to further declines.

Monitor price action closely and adjust your strategy accordingly.

#MarketPullback #BitcoinReserveWave #BitcoinVsTariffs #PolkadotETF