TON Rejecting at Supply — Distribution Phase

🔴 $TON - SHORT

Trade Plan:

Current Price: ~$1.6995

Entry Zone: 1.64 - 1.76

SL: 1.85

TP1: 1.55

TP2: 1.42

TP3: 1.28

The chart shows TON repeatedly rejecting at a clear supply zone inside the shaded Entry Zone with bearish momentum divergence and increasing sell volume on rallies. The large glowing red downward arrow emphasizes the distribution phase as the structure breaks to lower highs. This SHORT carries strong conviction because the failed supply retest + divergence signals fading momentum and increases the probability of acceleration toward the next demand zone at TP1 and deeper targets at TP3.

How deep can TON correct once distribution accelerates below the 1.55 demand?

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DYOR & manage risk!

$TON