$TON Explodes with Liquidation Shock!
$2.79K Longs WIPED OUT at $3.078! Is a Bigger Move Brewing?
The market just rattled $TON bulls — a swift liquidation of $2,790 worth of long positions at $3.078 has sparked fear… and opportunity.
But smart money knows: panic = potential.
TON Analysis (Spot/Futures Swing Trade):
Buy Zone:
$2.82 - $2.89 → Accumulation zone where price may stabilize post-liquidation.
(Watch for volume confirmation and bullish divergence on RSI.)
Targets:
T1: $3.05 – Recovery test of breakdown level.
T2: $3.23 – Liquidity grab above previous liquidation wick.
T3: $3.38 – Strong resistance, consider partial profit.
Stop-Loss:
Hard SL: $2.74 (below last swing low)
Soft SL (mental): $2.78 (if momentum dies early)
Unique Perspective:
$TON just gave a "liquidation shakeout" – a classic trap to flush out weak hands before a potential reversal rally. If BTC remains stable, TON could show a fast V-reversal.
Risk-Reward Play:
> Enter low, ride the fear, exit on the greed.
TON is showing signs of a calculated dip, not a collapse. Stay sharp. No FOMO – just strategy.