$TON – REJECTION FROM LOCAL HIGH ZONE! SHORT TRADE SIGNAL
$TON failed to sustain above the $3.59 resistance, forming a sharp bearish engulfing candle after a vertical rally. Price quickly dropped back to the $3.50 level, showing signs of intraday exhaustion and a possible pullback continuation toward support. Momentum has shifted back to the sellers near the short-term top.
TRADE SETUP: Short Entry: $3.50
Take Profit: $3.42 / $3.36
Stop Loss: $3.58
Short-term outlook suggests bearish continuation unless TON reclaims $3.58 with strength.
#TONUSDT #CryptoTrading #BinanceFutures #ShortSetup #PriceAction $TON