The market cheered when Telegram slashed
$TON fees to near zero and took over as the largest validator. TON jumped past 2.70. NOT followed. That was two weeks ago. Now both tokens are drifting back toward support, with lighter volume and fading momentum. The catalyst has been priced in. The next move depends entirely on whether buyers defend the current zones or walk away.
Current levels:
TON ≈ $1.796NOT ≈ $0.000477
TON (4H) — Post‑Announcement Pullback, Support Zone in Sight
TON surged to 2.70 in early May after Pavel Durov announced that Telegram would become TON’s largest validator and drastically reduce transaction fees. The network now charges close to zero for transfers, a clear push toward mass adoption. However, the price action tells a different story. The 4‑hour chart shows a long upper wick near 2.50 — a clear rejection — and a series of lower highs since. The token has now drifted down to 1.79, right into the supply zone that acted as resistance earlier this year.
Adding to the backdrop, the TON community recently voted to freeze over one billion long‑dormant mining tokens for 48 months. That represents roughly 20% of circulating supply. The proposal has gained strong validator support and, if executed, would remove a significant supply overhang. Still, the market is waiting for concrete execution. Right now, price is compressing between 1.697 support and 1.837 resistance.
Key Levels
Resistance: $1.837 → $2.015 → $2.195
Support: $1.697 → $1.656 → $1.600
Trade Triggers
· Bull Setup: 4H candle close ABOVE $1.837. That would signal that the post‑announcement selling has been absorbed.
· Bear Setup: 4H candle close BELOW $1.697. That would open the path to lower demand zones.
Bull Plan
$TON Trigger: 4H close above $1.837
· Aggressive entry: enter on the close.
· Conservative entry: wait for a retest of $1.837–$1.810 (hold required).
Stop‑Loss: $1.770
Targets: $2.015 → $2.195
Invalidation: price closes back below $1.837.
Bear Plan (TON)
Trigger: 4H close below $1.697
· Aggressive entry: enter on the close.
· Conservative entry: wait for a retest sell zone $1.697–$1.720 (reject required).
Stop‑Loss: $1.750
Targets: $1.656 → $1.600
Invalidation: price reclaims and closes back above $1.697.
Execution Rules
· No trades inside $1.697–$1.837.
· Wait for 4H close confirmation.
· Retest first — never chase.
Trade TON spot here ⤵
NOT (4H) — TON‑Native Momentum Fades, Range Tightens
NOT moved in lockstep with TON during the early May rally, climbing from below 0.00040 to a high near 0.00079. The 4‑hour chart now shows a clear descending channel, with lower highs and lower lows. The token has pulled back to 0.000477 and is sitting just above the 0.000438 support level.
The recent integration of Telegram Stars, an in‑app purchase system, has brought indirect attention to TON‑based tokens like NOT. However, no direct utility or revenue‑sharing mechanism has been announced for NOT yet. The token remains a pure community‑driven meme asset on the TON blockchain. Its price action is currently a reflection of broader TON ecosystem sentiment rather than any unique catalyst.
Volume has dropped significantly from the mid‑May peak, and the range is tightening. The decision zone is clear: resistance at 0.000479, support at 0.000438.
Key Levels
Resistance: $0.000479 → $0.000531 → $0.000617
Support: $0.000438 → $0.000378 → $0.000358
Trade Triggers
· Bull Setup: 4H candle close ABOVE $0.000479. That would break the short‑term downtrend.
· Bear Setup: 4H candle close BELOW $0.000438. That would extend the pullback toward the April lows.
Bull Plan
$NOT Trigger: 4H close above $0.000479
· Aggressive entry: enter on the close.
· Conservative entry: wait for a retest of $0.000479–$0.000468 (hold required).
Stop‑Loss: $0.000455
Targets: $0.000531 → $0.000617
Invalidation: price closes back below $0.000479.
Bear Plan (NOT)
Trigger: 4H close below $0.000438
· Aggressive entry: enter on the close.
· Conservative entry: wait for a retest sell zone $0.000438–$0.000445 (reject required).
Stop‑Loss: $0.000455
Targets: $0.000378 → $0.000358
Invalidation: price reclaims and closes back above $0.000438.
Execution Rules
· No trades inside $0.000438–$0.000479.
· Wait for 4H close confirmation.
· Retest first — never chase.
Trade NOT spot here ⤵
Clarity Before You Trade
A breakout that holds a retest with volume = continuation. A close back inside the zone = a trap. Exit immediately.
Your plan for TON or NOT: Which side are you waiting for, and what is your invalidation level?
Educational only. Not financial advice. Manage risk.
#SpotTrading #TechnicalAnalysis