$TON Takes a Breather — Market Correction or a Setup for a Reversal? 🧐

$TON slipped by -4.36% today to $2.786 after failing to hold the $3.00 psychological mark. A classic retracement after a sharp spike — or a deeper correction brewing?

🔍 Market Snapshot:

📉 Today: -4.62%

🔻 7 Days: -3.09%

📉 30 Days: -11.50%

🔴 Volume: 17.94M (relatively low)

⚖️ Order Book: 53.5% BUY vs 46.5% SELL — indecisive sentiment

📊 Trading Insights & Signals:

🔺 Previous Resistance Turned Supply Zone: $2.95–$3.09

🔻 Immediate Support Zone: $2.72 (today’s low)

🔁 Trend: Currently bearish in the short-term

📉 Momentum Indicator: RSI likely cooling off from overbought levels

🔄 Signal: Watch for bullish reversal signs around $2.70–$2.74 zone

⏳ Swing Signal: Hold for reclaim of $2.90 with increased volume

⚠️ Caution: Trend remains weak across all timeframes (7D, 30D, 90D, 180D all red)

💬 What Should Traders Watch?

If $TON bounces off $2.72 with volume pickup, it could form a double bottom pattern and recover toward $3. But failure to hold here may invite more downside to the $2.60s.

📢 #TON #ReversalZone #CryptoPullback #TradersLeague #HODLTradingStrategy