🧨 $TON / USDT – Testing Resistance, Pullback Incoming?

$TON recently tagged the $2.92 resistance but failed to push higher, now slipping back toward $2.87. With momentum fading and signs of buyer exhaustion, a short-term top could be in — setting up for a clean downside move. Bears may get their moment if $2.89 fails to hold. 🔻

🔸 Short Trade Setup

Entry Zone:

👉 $2.87 – $2.89 (ideal on rejection or failed retest)

Stop Loss:

❌ $2.93 (above resistance and invalidation)

Targets:

🎯 TP1: $2.82

🎯 TP2: $2.77

🎯 TP3: $2.65 ✅

📊 Strategy Insight:

This is a resistance-rejection short setup. Price is showing signs of slowing momentum near a known barrier, with a lower-high structure building up. A breakdown below $2.87 could trigger selling toward deeper support zones. The stop is tight for good risk/reward — up to 1:5 R/R if full move plays out.

📌 Watch For:

A clean 15-min or 1H candle rejection below $2.89 or a failed spike above $2.90 = go signal for short.

Reclaim and hold above $2.93 = setup invalidated.