Following strong fundamental news, TON experienced a massive pump and is now entering a corrective phase. The price is currently touching the 0.618 Fibonacci support level, which may halt the decline. In a deeper correction scenario, the 0.786 Fibonacci level could act as the final support. Once the correction completes, the uptrend is expected to continue toward a minimum target of 4 dollars.


Educational Note: After a sharp move higher on fundamental catalysts, a pullback is normal and healthy. It allows overbought conditions to reset and provides an opportunity for new buyers to enter at better prices. The key is to identify where the correction is likely to find support.

$TON

TONUSDT

Perp

2.0126

+2.85%