$TON Long Liquidation: $6.2938K at $1.6814

TON liquidated long positions at $1.6814 after buyers failed to hold support, trapping bullish traders and generating short-term downside pressure. With longs forced out, liquidity now sits below current price, increasing the probability of further decline if selling pressure continues.

Next Move & Targets

TG1: $1.654

TG2: $1.621

TG3: $1.583

A small bounce toward $1.6814 may occur to retest former support, but if $TON fails to reclaim this level, continuation toward lower targets becomes likely.

Pro Tip:

After long liquidations, avoid rushing into dips. Wait for a confirmed reclaim of the liquidation level, as failed retests commonly lead to deeper downward moves.

$TON

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