$TON #TON Analysis: Key Highlights
📊 Current Status:
Price at $3.86, stabilizing after a sharp drop below the 50 EMA ($3.99) and 100 EMA ($3.96), now testing support at the 200 EMA ($3.87). Momentum has shifted bearish in the short term.
📈 Key Levels:
Resistance: $3.96, $4.00 zone.
Support: $3.83, $3.75.
📉 Indicators:
RSI: 32.66, nearing oversold—suggesting potential bounce.
MACD: Bearish crossover below zero, no recovery yet.
Volume: Moderate, not confirming a reversal.
⚠️ Trend Outlook:
Bearish, unless price reclaims 100 EMA ($3.88). Breakdown continuation below $3.85 may target $3.75. Reclaiming $3.96 flips momentum bullish.
✅ Recommendation:
Watch $3.83 support. Short on rejection from $3.96 or long if price reclaims $3.96+ with volume.