🟣 #TON Update #3 – July 7, 2025
After the recent news-driven spike on TON, I mentioned that I wasn’t looking to buy into the rally. In fact, I warned that a correction was likely. One thing I always keep in mind:
Do not buy what's already pumping.
Right now, TON is going through that correction. As long as it doesn’t break below the 2.720 zone, I believe it could continue forming a mild upward structure.
As shown on the chart, I’ve marked a potential long setup near 2.755. That’s not a signal to buy as soon as price touches it, it’s a level I’ll reassess if reached. Only if price reacts strongly there would I consider entering.
Until then, TON is not in a favorable area for either long or short entries. I’m just watching for now.
After the recent news-driven spike on TON, I mentioned that I wasn’t looking to buy into the rally. In fact, I warned that a correction was likely. One thing I always keep in mind:
Do not buy what's already pumping.
Right now, TON is going through that correction. As long as it doesn’t break below the 2.720 zone, I believe it could continue forming a mild upward structure.
As shown on the chart, I’ve marked a potential long setup near 2.755. That’s not a signal to buy as soon as price touches it, it’s a level I’ll reassess if reached. Only if price reacts strongly there would I consider entering.
Until then, TON is not in a favorable area for either long or short entries. I’m just watching for now.
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