$TON USDT – SHORT TRADE SIGNAL AFTER REJECTION FROM LOCAL HIGH
REJECTION FROM $3.338 WITH BEARISH WICK
OVEREXTENDED MOVE SHOWING LOSS OF MOMENTUM
TON rallied sharply from $3.22 to $3.34 but is now showing early signs of exhaustion. A rejection wick at the top signals potential short-term reversal. If price fails to reclaim $3.34, a correction toward lower support zones may follow.
Trade Setup:
Short Entry: $3.32
Take Profit: $3.29 / $3.26
Stop Loss: $3.35
Market Outlook:
Weak rejection candle near local high hints at pullback opportunity before next leg.
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