TON still looks capped for now
🔴 $TON - SHORT

Trade Plan:
Current Price: 1.34 
Entry: 1.335 - 1.348
SL: 1.390
TP1: 1.304
TP2: 1.266
TP3: 1.214

TON is active enough on futures to trade, but the current chart still looks more like a rebound into resistance than a real reversal. Recent TradingView idea flow frames the market as a decision point: hold and bounce, or break lower into a corrective move. I prefer the short while price stays under the nearby ceiling because that keeps the lower-high risk alive and gives a clean invalidation above it. If 1.304 gives way, the slide can extend quickly into the low-1.20s. 

Does TON reject again before buyers reclaim the cap?
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DYOR & manage risk!
$TON

TONUSDT

Perp

1.3125

+0.20%