🔥TON/USDT — At support: chance of a rebound or continuation of the decline?
Briefly: TON is trading at strong support of 1.46, the market is overheated for selling. A technical bounce is likely, but the trend remains bearish for now.
📊 Indicators
Price: 1.467
EMA(21): 1.501
EMA(50): 1.520
EMA(99): 1.541 → price below all EMAs = downtrend
MACD: in the negative zone, the downward momentum is slowing
RSI(6): 26.8 — strong oversold condition
RSI(14): 32.7 — close to the rebound zone
Stoch RSI: ~5 — extreme oversold condition
Volume: decreased — sellers are losing strength
🧱 Key levels
Support: 1.460 – 1.450
Resistance: 1.500 / 1.520 / 1.540
📈 Trading plan (main scenario — bounce from support)
Long from the zone: 1.45 – 1.47
🎯 TP1: 1.500 (50%)
🎯 TP2: 1.520 (30%)
🎯 TP3: 1.540 (20%)
🛑 SL: 1.435
👉 Trade only when support is held and a reversal candle appears.
🔻 Alternative scenario
If it consolidates below 1.45 — the path opens to 1.42 – 1.40, longs are canceled.
🧠 Conclusion
TON is heavily oversold and stands at important support — the probability of a technical bounce is high, but the medium-term trend is still downward. Proceed carefully, strictly upon confirmation.
Spot trading 👉$TON
Futures 👇
