$TON /USDT: Short Trade Setup After Rejection
Toncoin ($TON ) is showing signs of a potential downward trend after a strong rejection at a key resistance level. The current price action suggests that bears are in control, and a further decline could be on the horizon.
TON
1.553
-4.13%
Short Trade Plan
This trade plan is designed to capitalize on the current bearish trend.
🟢 Short Entry Zone: $3.04 – $3.06
Take Profit (TP) Targets:
• TP1: $3.00
• TP2: $2.97
⛔ Stop-Loss (SL): $3.10
This stop-loss is placed just above a key resistance level, protecting the position in case of a bullish reversal.
Disclaimer: This is not financial advice. All trading carries risk, and past performance is not indicative of future results. Do your own research and manage your risk accordingly before making any trading decisions.