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$TON (1h) - Resistance Rejection Short
Bias: Short
Entry (Zone): 2.34 - 2.39
Targets:
TP1: 2.24
TP2: 2.16
TP3: 2.00
Stop Loss: 2.50
Why this Setup:
I see TON losing momentum after repeated tests into the 2.35 - 2.45 supply area, and I want to fade the move if price keeps stalling there. The structure is still heavy, so I’m looking for a rejection back into the lower support pockets where downside rotation can continue.
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