$TON TON/USDT: Layer 1 Token Dips – Buy Opportunity or More Pain Ahead?
TON is taking a hit today, down **-6.67%** to **$3.289** with **$35.96M** in volume. The Telegram-backed token is testing key support levels – is this a healthy pullback or the start of a deeper correction?
**Why The Drop?**
- Layer 1 sector under pressure (SOL, ADA also red)
- RSI(6) at **47.03** shows room for more downside
- "TON" memes now standing for "This One's Nervous"
**Critical Levels:**
- **Support:** $3.195 (24h low) – lose this and $3.10 is next
- **Resistance:** $3.292 (MA7) – must reclaim for recovery
**Technical Check:**
- MACD flatlining (**0.000**) – no clear momentum
- Price stuck between MA7 ($3.292) and MA99 ($3.327)
- Volume remains decent – potential accumulation?
**Prediction:**
If BTC bounces, TON could recover to **$3.435**. But break **$3.195** and we're testing **$3.10** fast.
**How To Trade:**
- **DCA Buyers:** Scale-in at $3.20 with stops at $3.15
- **Swing Traders:** Wait for RSI <40 + MACD flip
- **Avoid:** Chasing until $3.292 breaks
Trade smart – this one's volatile!