$TON /USDT Bearish Trade Setup (Short-Term)
Enter now around $2.81ā$2.83
SL above $3.10
TP to $2.60ā$2.50
Bias: Still under macro resistance, with lower highs and minor rejection at trendline
š Structure Analysis (Bearish Case)
šŗ Price rejected near red downtrend line (previous resistance)
š» Multiple failed breakouts in the $2.90ā$3.00 range
šŗ EMA (Red) still sloping down, acting as dynamic resistance
š§± Support: $2.65ā$2.60 (if broken, sharp downside possible)
ā ļø Invalidation Level
A daily close above $3.10 or break and retest of the trendline flip to support would invalidate the short setup.
š§ Confirmation Tools
Wait for bearish Heikin Ashi candle (red body with no upper wick)
Look for decreasing volume on green candles + spike in red candle volume
Watch for RSI bearish divergence if applicable
Trade $TON