$TON has pulled back sharply from the $2.90 local top and is now trading around $2.30, down roughly -5.2% today. After a near-vertical rally from the $1.28 zone, momentum is clearly slowing as profit-taking pressure increases.

The move now looks like a classic shakeout phase. Late buyers near the highs are getting trapped, while short-term traders lock in profits after the explosive run.

Technically, TON is still above MA(25) and MA(99), so the bigger trend has not fully broken yet. But price losing MA(7) shows short-term weakness. RSI has cooled from overheated levels, suggesting momentum is fading but not fully bearish yet.

The key support zone is $2.26-$2.20. Holding this area could trigger a rebound toward $2.50. Losing it may open the door for a deeper correction toward $1.90-$1.70.

The market is now testing whether TON still has real buyers… or if the recent rally was simply driven by short-term hype and liquidity.

TONUSDT

Διην.

2.1114

+2.19%