TONUSDT: Short the Rejection,Buy the Capitulation – A Dual-Level

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📉 TONUSDT Technical Analysis – Trending in a Long-Term Descending Channel, Is the Ideal Short Entry Coming?

TONUSDT is currently trading inside a long-term descending channel, with clear bearish momentum dominating the structure.

🔻 Scenario 1 (Early & Risky Entry):
Traders may consider opening a short position from the current level, but this setup carries higher risk, as the price could still push upward toward the upper boundary of the channel.
Stop-loss level is clearly marked on the chart.

🧭 Scenario 2 (Smarter, Low-Risk Entry):
A more calculated approach is to wait for the price to revisit the upper resistance zone of the descending channel (marked as Entry 1 on the chart).
This zone offers a clean low-risk, high-reward short opportunity, with a tight stop-loss and excellent setup.

🎯 Defined Targets in This Analysis:

Target 1: The midline of the descending channel

Target 2: The bottom of the long-term descending channel

💎 Important Insight:
If this bearish scenario completes and the price reaches the bottom of the descending channel, that zone could be a prime buying opportunity for long-term holders.
Technically, it's a major support level and psychologically, it's where smart money often steps in.

⚠️ Disclaimer:
This is not financial advice. This analysis is for educational purposes only. Always wait for confirmation and apply strict risk management when trading.

📩 What’s your opinion on this setup? Do you agree with the short plan, or see another scenario unfolding? 👇

Penafian

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