$TON USDT – DEAD CAT BOUNCE OR CONTINUATION? SHORT TRADE SIGNAL
STRONG REJECTION FROM $2.967
ALL MA LEVELS TRENDING DOWN WITH NO RECOVERY SIGNAL
$TON has broken down from the $2.96 zone and hit a new low at $2.75. Although a small bounce followed, the price is still facing rejection below the 7 MA, confirming weak recovery and continuation bias.
Short Entry: 2.785
Targets:
TP1: 2.740
TP2: 2.690
Stop Loss: 2.835
Bearish structure remains dominant unless bulls reclaim $2.86+. Expect pressure to return with another break below $2.75.
#TONUSDT #AltcoinAnalysis #ShortTrade #BinanceFutures #CryptoSignals