🚀 $TON – BREAKDOWN OR BASE FORMING? 🔵🔥
TON rejected from ~1.51 and dropped sharply to ~1.28, now hovering around 1.29 → showing signs of weak structure with possible short-term stabilization 👀
📊 Key scenarios to watch:
* Entry zone: 1.26 – 1.30
* Strong support: 1.22 – 1.25 (losing this = continuation downtrend)
* Reclaim level: 1.35 – 1.40 (first bullish signal)
* Upside target: 1.45+ if recovery gains momentum
⚠️ Structure is forming lower highs + recent breakdown → bearish pressure still dominant
💡 PSY is low and flattening → selling pressure slowing down, potential for a short-term bounce
🔥 Strategy: wait for support reaction or reclaim confirmation — avoid rushing into weak structure