$TON HTF Analysis:
TON has formed a symmetrical triangle on the daily timeframe. $TON
TONUSDT
Perp
1.4813
+1.14%
attempted a breakout earlier, but failed to hold above resistance — clear fakeout. Now, TON is getting rejected from the trendline resistance again.
This zone can be considered for a short setup if rejection continues. As for longs, we wait. A clean retrace toward the trendline support zone would be the ideal area to consider a long entry.
No rush. Let $TON come to your levels.