TONUSDT is sitting in an important area for this sequence.
After the strong impulsive move, price pulled back into the BC zone, which is the area I’m watching to see if buyers start defending the structure again. If this zone holds, the chart still has a clean path for a possible sequence completion toward the projected C area around $4.00.
The key for me is not simply that price touched BC. The key is whether this area turns into support instead of becoming failed structure. If buyers absorb the pullback here and price starts pushing away with strength, the $4.00 zone becomes the next logical upside objective on this sequence map.
Invalidation is simple: if price loses the BC area and accepts below it, the bullish projection weakens and the sequence needs to be reassessed. Until then, this is a clean technical setup where the market is testing whether the pullback is finished or whether deeper correction is still needed.
For now, TONUSDT is at the decision point.
Holding BC keeps the C completion idea alive. Losing BC changes the story.
Not financial advice.
