🚨 $TON entering a very interesting rebound zone
After multiple consecutive red candles, TON is starting to approach an area where sellers may be running out of momentum. The market looks heavily stretched to the downside, while buyers are beginning to absorb liquidity near local lows. 🧠
📊 LONG Trade Setup
📍 Entry:
$2.28 – $2.32
🛑 Stop Loss:
$2.14
🎯 Targets:
$2.42 → $2.60 → $2.85
What makes this setup attractive is the risk/reward profile here.
If $TON reclaims nearby resistance, trapped shorts could fuel a sharp recovery move very quickly.
Most traders panic after heavy selloffs…
but the best reversals usually start when sentiment looks the worst.
Right now:
• selling pressure slowing down
• demand zone reacting
• oversold conditions building
• potential squeeze setup forming
TON
1.708
+2.09%