๐ $TON / USDT โ Topping Out or Just a Pause? Bearish Structure Emerging โ ๏ธ๐ป
TON is trading near $3.2691, facing consistent rejection below the $3.30 resistance zone. On the 4H chart, price is forming lower highs with weakening momentum, and MACD is signaling a bearish crossover.
If $TON loses the $3.22 level, it could trigger a breakdown toward previous support levels.
๐น Resistance: $3.316
๐น Support: $3.186
๐ป Trade Setup โ SHORT
Entry Zone: $3.255 โ $3.275 (Entry triggered at $3.2691)
๐ฏ TP1: $3.215
๐ฏ TP2: $3.146
๐ฏ TP3: $3.078
๐ Stop Loss: $3.337
โ ๏ธ Pro Tip:
If $TON breaks and closes below $3.22 with volume, the short thesis strengthens.
Consider locking in partial profits at TP1 and trailing your stopโespecially if the broader market sentiment turns risk-off.
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