🟣 #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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.