$TON /USDT BEARISH PRESSURE BUILDING – CRUCIAL SUPPORT IN SIGHT

$TON is currently trading at $2.977 (-1.03%), showing slight weakness after failing to break through the $3.05 resistance zone. With price hovering just above key support, a breakdown could trigger further downside if bulls don’t step in.

KEY LEVELS TO WATCH:

Current Price: $2.977

Immediate Resistance: $3.00 – $3.05

Major Resistance: $3.10

Support Levels:

Immediate: $2.96 (24h low)

Strong Support: $2.90

Breakdown Level: $2.85

TRADE SETUP (SHORT IDEA):

Entry (Short): On breakdown below $2.96

Targets (TP):

TP1: $2.90

TP2: $2.85

TP3: $2.75 (if momentum continues)

Stop Loss (SL): Above $3.03

ALTERNATE LONG SETUP (IF SUPPORT HOLDS):

Entry: On strong bounce from $2.96 with bullish candle

Targets:

TP1: $3.05

TP2: $3.10

Stop Loss: Below $2.94

TECHNICAL INSIGHTS:

Price struggling to reclaim $3.00 psychological level

Volume remains stable ($31.47M USDT) but not confirming a breakout

RSI flat, no strong direction yet — consolidation may lead to breakout/down soon

A clean close below $2.96 could signal a trend shift to the downside

RISK MANAGEMENT:

Stick to 1-2% risk per trade

Avoid trading mid-range — wait for breakout or clear rejection

Use trailing SL when targets are hit to protect profits

CONCLUSION:

$TON/USDT is at a make-or-break zone. If $2.96 fails, expect accelerated downside. However, a bounce could offer a short-term relief rally. Trade the breakout, not the guess.

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