Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
TON faces technical choices, with bearish momentum clearly weakening but a reversal not yet confirmed
After several days of continuous downward pressure, TON coin shows a subtle sign of a market turning point on the daily chart. The current price is $1.75, with a 24-hour increase of +0.34%, but still a -5.83% decline over the past 7 days. Such price fluctuations precisely reflect the slight shift in the balance of power among market participants. Although the downtrend has not truly reversed, the energy driving rapid declines is clearly weakening.
Momentum indicators send a key signal—pressure is easing
From the technical indicators’ performance, the bearish momentum for TON has indeed shown signs of osłabienie. The MACD indicator, while still operating in negative territory, is gradually improving in structure, which usually indicates that sellers’ execution power is waning. This change often signals that a reversal trend has started rather than confirming it; instead, it more likely reflects the natural exhaustion of selling pressure.
The RSI (Relative Strength Index) also validates this conclusion. During the decline, RSI touched oversold levels but then began to rebound and rise, indicating that the market has absorbed some of the selling pressure and that demand is showing initial signs of recovery. This phenomenon typically suggests that prices may enter a consolidation phase or at least not continue to decline in a straight line immediately.
Technical pattern enters a critical transition zone—short-term dilemma
Looking at broader price relationships, TON’s current trading price is well below its short-term and medium-term moving averages. This should imply ongoing selling, but the gap between the price and these averages is narrowing, with a clear compression trend. In technical analysis, such compression often precedes volatility expansion, meaning the market’s main participants’ actions will soon become clearer.
Support and resistance confrontation—market liquidity distribution reveals key levels
$1.50 acts as a significant structural support for TON. Multiple buy interest clusters here, forming a relatively stable bottom. As long as the price stays above this level, the bullish foundation remains intact. A break below could shift market sentiment back to pessimism, potentially triggering a new round of accelerated decline.
On the resistance side, the $1.63–1.65 range forms the first major hurdle. This zone has historically been a stronghold for sellers, accumulating a large amount of trapped positions and sell orders. To confirm a valid rebound, the price must break through this zone and gain market acceptance; otherwise, any upward movement may be short-lived.
Order book reveals liquidity structure—real battle between buyers and sellers
A close look at the order book shows significant buy orders accumulated around $1.54. This liquidity barrier provides effective support against further declines, preventing a free-fall in the short term. On the sell side, clear sell walls are set at $1.60 and $1.65, representing areas of concentrated supply pressure. Breaking below the lower sell wall could give bulls some breathing room, while surpassing the higher sell wall could truly shift the market’s power dynamics.
Trading strategy reference—finding opportunities amid uncertainty
From a practical trading perspective, if the support level is effectively maintained and momentum indicators continue to improve, cautious long entries may offer attractive risk-reward opportunities. Such trades should set conservative take-profit levels near resistance zones and exit immediately if support is broken.
Conversely, there are still opportunities for short positions at resistance levels. Especially when the price approaches the $1.63–1.65 range, if reversal signals or momentum weakening signs appear, short entries could be well risk-managed. Given that the overall trend has not yet confirmed a reversal, the rebound strength is limited, and selling into resistance may still be profitable.
Conclusion—market needs new confirmation after osłabienie
In summary, TON has reached a technical crossroads on the daily timeframe. The clear osłabienie of bearish momentum indicates the exhaustion of unilateral downward energy, but the true control of the bulls has yet to be confirmed. The upcoming price action will unfold within the existing consolidation zone, with support and resistance levels being key to determining the direction. Market participants should closely monitor these critical levels, along with volume and momentum indicator changes, to make more accurate directional judgments.