$TON Down #Alert🔴
TON is locking into a clear short-term markdown sequence following a lower-high rejection pattern.
📍 Entry: 1.760 — 1.776
🛑 SL: 1.806
🎯 TP1: 1.758
🎯 TP2: 1.754
🎯 TP3: 1.742
🎯 TP4: 1.720
Technical View:
The short-term structural framework is completely dominated by sellers on the 30m chart, with the trailing Supertrend resistance ceilings acting as a heavy technical barrier right overhead at 1.806. Order book depth metrics heavily reinforce this near-term downward squeeze, displaying dominant selling pressure with 58.44% of total active volume stacked tightly on the Ask side restricting upside relief. The sequential lower peaks and steady distribution blocks carving out the trend show that aggressive chasing volume has completely flattened out. Expect localized overhead supply to neutralize quick recovery wicks, eventually forcing a continuation flush below the immediate 1.758 liquidity floor to target deeper structural zones.
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