𝗧𝗢𝗡 is testing the $2 zone again, which looks quite interesting
After the strong expansion move from $1.90 → $2.06, TON is now showing signs of a slow pullback instead of getting sold off aggressively right away.
A few notable things on the 15m chart:
- price is still holding the psychological $2 area
- RSI has cooled down back to neutral instead of staying overheated
- MACD histogram is weakening slightly, but hasn’t flipped strongly bearish yet
- buyers are still reacting relatively well around the $1.98–2.00 zone
This usually suggests:
the market is trying to absorb short-term profit taking after a fast pump.
𝗙𝘂𝘁𝘂𝗿𝗲𝘀 𝘃𝗶𝗲𝘄
Position: Long scalp
Entry: $1.99 – $2.00
Stop Loss: $1.95
TP1: $2.08
TP2: $2.13
TP3: $2.18
R:R still looks decent as long as TON holds above the $2 area.
That said:
the $2.06 level remains an important short-term resistance since it’s the most recent local high.
If TON can reclaim that zone cleanly with solid volume,
the probability of another liquidity expansion move becomes much higher.
On the other hand:
if $1.98 breaks down and buyer momentum weakens,
TON could easily rotate back into a sideways range around $1.93–1.95.
Right now,
the market doesn’t fully feel like a strong breakout yet.
It looks more like a grind-up structure with supply absorption happening underneath.
Not really looking to FOMO into strong green candles here.
Prefer waiting for cleaner entries and better risk management.
Always manage your capital carefully, avoid going all in, and DYOR before making any trading decisions.