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$TON
Bearish Retest in Play
Trade Setup: Short
Entry Zone: 1.92 – 1.98
TP1: 1.84
TP2: 1.76
TP3: 1.65
SL: 2.08
10x Leverage Max
TON continues to respect a strong bearish market structure after the major rejection from the 2.80+ region. Every recovery attempt since the top has produced lower highs, while sellers continue defending key resistance zones aggressively.
The current consolidation near 1.90 looks weak rather than constructive. Price is struggling to reclaim momentum, and the repeated failures around local resistance suggest downside pressure is still dominant.
If TON loses the current support shelf cleanly, continuation toward lower liquidity zones becomes highly probable. Until buyers reclaim structure, rallies still look like distribution.