📊 TON Analysis (1D TF)
Price: $3.01 (+1.04%)
🔍 Technical Picture:
📉 TON continues to trade below EMA(25) and EMA(99), indicating ongoing bearish pressure.
📌 Last local minimum: $2.35, local maximum: $7.20
📉 RSI(6): 33 — the asset is near the oversold zone.
🔻 MACD remains in the negative zone, signals are weak, volumes are decreased.
⚠️ Conclusion:
TON is still in a descending channel. Until the price breaks above EMA(25) ($3.15) with volume — the chances of a reversal are minimal. A retest of the level $2.95–2.85 is possible.
💡 What to do:
🔴 Do not enter long until a bullish signal is confirmed
📌 Watch for a breakout of EMA(25) and an increase in volumes