
Post
$TON — Bears Still in Control, But a Corrective Bounce Could Be Near
📉 Trade Setup (Downtrend)
Entry: $1.78 - $1.80
Target (TP): $1.65
Stop Loss (SL): $1.84
Analysis:
$TON remains in a strong downtrend, with lower highs and lower lows on the chart. Sellers continue to dominate, and every bounce is being heavily sold off. A retest of the $1.78-$1.80 resistance zone could present a fresh selling opportunity.
As long as the price remains below $1.84, the overall bearish structure remains intact. Proper risk management is crucial, as oversold conditions could trigger short-term corrective bounces.#AnthropicIPOincoming #GrayscaleHYPEETF #OKXBeautifulGame
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