➖➖➖➖➖➖➖ $TON is finally breaking above its descending trendline on the 4H timeframe after printing consistent lower highs for weeks. This is the first structural shift suggesting bearish pressure is weakening.
As long as the $1.38–1.40 area holds as support, continuation toward $1.48 and potentially $1.52 becomes likely. Losing that reclaim would invalidate the breakout and put TON back into range, but for now, momentum is favoring a short-term bullish continuation. #GateSquare$50KRedPacketGiveaway #TON $TON
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MARKET UPDATE: $TON
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$TON is finally breaking above its descending trendline on the 4H timeframe after printing consistent lower highs for weeks. This is the first structural shift suggesting bearish pressure is weakening.
As long as the $1.38–1.40 area holds as support, continuation toward $1.48 and potentially $1.52 becomes likely. Losing that reclaim would invalidate the breakout and put TON back into range, but for now, momentum is favoring a short-term bullish continuation.
#GateSquare$50KRedPacketGiveaway #TON $TON