TON looking weak right now… sellers slowly taking control.
That rejection from 1.40 wasn’t small — price dropped with clear bearish pressure and now drifting lower around 1.31 zone. Structure showing lower highs forming, which usually means bulls are losing grip short-term.
Stoch RSI sitting high around 88 while price is falling shows momentum already peaked… usually leads to further cooldown before any real recovery. Plus 200 MA sloping down is not something bulls like to see.
If TON tries relief bounce, 1.33 – 1.35 looks like a reaction zone where short-term flips can happen.
1.26 is the level holding the structure alive. If this cracks, downside liquidity could open fast.
Short-term downside liquidity sitting near 1.28 – 1.26
If recovery happens, upside magnet sits around 1.37
Right now TON looks like it’s bleeding momentum… until buyers reclaim 1.35+ with strength, rallies may just be temporary bounces.
