🚨 TONUSDT Market analyat and Trading advice– May 2025 🚨
The battle between bulls and bears on $TON is heating up! Here's what the chart is telling us 🔍👇
📉 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.
📊 Key Technical Indicators:
📌 MACD: Bearish crossover, momentum fading
📌 RSI (14): ~34 — Near oversold zone
📌 Moving Averages: Price below 50/100/200 EMA = bearish structure
📈 Trading Strategy:
🔹 Bias: Short-term Bearish / Medium-term Neutral
🔹 Entry (Short): $3.05–$3.15 zone
🔹 Stop Loss: $3.35 (above last swing high)
🔹 Target 1: $2.75
🔹 Target 2: $2.50 (near previous low)
🔹 Alternative Bullish Play:
Wait for breakout above $3.40 + strong volume to flip bullish
⚠️ 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.
📣 Are you trading $TON right now? Bull or Bear? Drop your analysis and let’s chart this out together! 🧠📉📈
#MarketPullback #TON #signaladvisor #BinanceSquareFamily #OnTheElephant
The battle between bulls and bears on $TON is heating up! Here's what the chart is telling us 🔍👇
📉 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.
📊 Key Technical Indicators:
📌 MACD: Bearish crossover, momentum fading
📌 RSI (14): ~34 — Near oversold zone
📌 Moving Averages: Price below 50/100/200 EMA = bearish structure
📈 Trading Strategy:
🔹 Bias: Short-term Bearish / Medium-term Neutral
🔹 Entry (Short): $3.05–$3.15 zone
🔹 Stop Loss: $3.35 (above last swing high)
🔹 Target 1: $2.75
🔹 Target 2: $2.50 (near previous low)
🔹 Alternative Bullish Play:
Wait for breakout above $3.40 + strong volume to flip bullish
⚠️ 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.
📣 Are you trading $TON right now? Bull or Bear? Drop your analysis and let’s chart this out together! 🧠📉📈
#MarketPullback #TON #signaladvisor #BinanceSquareFamily #OnTheElephant
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
TON
2.959
-3.89%
