โ ๏ธ $TON /USDT โ Short Setup Near Resistance ๐๐ฅ
Current Price: 3.401 USDT (-0.85%)
TON attempted to break above 3.515 but faced selling pressure, forming a lower high. With weakening momentum and key resistance overhead, the price may retrace toward support levels.
๐ Technical Insights:
Resistance: 3.515 โ 3.587 zone
Support: 3.314 and 3.297
Lower highs on intraday charts
RSI cooling from overbought territory
๐ Trade Setup (Short):
Entry: 3.400 โ 3.420
Target 1: 3.320
Target 2: 3.298
Stop Loss: 3.460
Reason: Multiple rejections at resistance with declining buying volume could push TON into a short-term pullback before any next bullish attempt.