๐จ TONUSDT Market analyat and Trading adviceโ May 2025 ๐จ
The battle between bulls and bears on $TON is heating up! Here's what the chart is telling us ๐๐
๐ Market Overview
$TON has been in a downtrend since mid-December, falling from a high of $6.51 to a low of $2.35. Despite a temporary recovery to ~$4.30 in late March, price action is now consolidating around $3.02.
๐ Key Technical Indicators:
๐ MACD: Bearish crossover, momentum fading
๐ RSI (14): ~34 โ Near oversold zone
๐ Moving Averages: Price below 50/100/200 EMA = bearish structure
๐ Trading Strategy:
๐น Bias: Short-term Bearish / Medium-term Neutral
๐น Entry (Short): $3.05โ$3.15 zone
๐น Stop Loss: $3.35 (above last swing high)
๐น Target 1: $2.75
๐น Target 2: $2.50 (near previous low)
๐น Alternative Bullish Play:
Wait for breakout above $3.40 + strong volume to flip bullish
โ ๏ธ Risk Note: Volume is drying up, and indicators point to potential further downside. RSI suggests a bounce could occur, so be prepared to react, not predict.
๐ฃ Are you trading $TON right now? Bull or Bear? Drop your analysis and letโs chart this out together! ๐ง ๐๐
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