$TON Titanic: Will the Ship Hold or Sink❓❓
$TON is showing signs of weakness after failing to reclaim the $3.05 resistance zone. A strong rejection candle at the top and a return to the mid-range around $2.97 hints at momentum fading fast.
Short Trade Setup (1H Timeframe):
• Entry Zone: $2.975 – $2.985
• Take Profit 1: $2.940
• Take Profit 2: $2.905
• Take Profit 3: $2.870
• Stop Loss: $3.035
Bearish Clues:
• Lower highs forming under key resistance
• Failed breakout attempts above $3.04
• Price volatility is compressing a breakdown may release trapped liquidity
If price loses $2.965 again, bears could flood in fast. Keep your periscope up sharp drop ahead possible. Let me know if you'd like a graphic caption or Square-ready version.