➖➖➖➖➖➖➖ $TON reacted once again from the highlighted demand zone around $1.29–$1.31, confirming that buyers are still defending this area on the 6H timeframe. After the recent rejection from the $1.50 highs, price retraced back into support and printed a bounce toward $1.35–$1.36.
As long as TON holds above $1.30, the rebound structure remains valid and consolidation above this zone could build a base for another attempt higher. A confirmed breakdown below $1.29 would weaken the structure and shift momentum back to the downside. #BuyTheDipOrWaitNow? #TON $TON
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MARKET UPDATE: $TON
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$TON reacted once again from the highlighted demand zone around $1.29–$1.31, confirming that buyers are still defending this area on the 6H timeframe. After the recent rejection from the $1.50 highs, price retraced back into support and printed a bounce toward $1.35–$1.36.
As long as TON holds above $1.30, the rebound structure remains valid and consolidation above this zone could build a base for another attempt higher. A confirmed breakdown below $1.29 would weaken the structure and shift momentum back to the downside.
#BuyTheDipOrWaitNow? #TON $TON