$TON Short seller strong momentum No volume no bottom

I. Overall trend judgment (core)

Qualitative: Large level "head breaking position" after the accelerated downward channel.

Key features: TON has built a large top for several months in the range of $7.00 - $8.00, and subsequently broke below the key neck line at $4.50, initiating a unilateral downward trend. Recently, it even broke through the psychological barrier of $2.50, and the current price is around $1.627, with the moving average system showing a perfect bearish arrangement, and the slope of the decline is steep, indicating that bearish momentum remains strong.

The medium-term trend is extremely weak. Currently still in the extension phase of the main downward wave, with no clear bottom structure appearing yet. Any rebound should be seen as a continuation of the decline.

II. Key levels

Resistance level (selling pressure area):

Short resistance: $2.00. An integer psychological level, also a small consolidation platform bottom during the recent decline. If it rebounds to here, the previous bottom-buying will form the first wave of resistance.

Strong resistance: $2.50 - $2.80. An important support level in the previous period, which has turned into strong resistance after breaking (top-bottom exchange). This is the "ceiling" for bullish counterattacks.

Support level (defense area):

Lifeline: $1.50. An integer level. The current price is approaching this position, and there may be a short-term technical rebound.

Extreme bottom: $1.00 - $1.20. If $1.50 is lost, the bearish target will point directly to the long-term historical low area near $1.00.

III. Trading volume signals

Signal: Increasing volume drop, decreasing volume decline.

When breaking below key support levels (such as $2.50), there was a significant increase in volume, indicating that panic selling is escaping. The current decreasing volume decline indicates that buying pressure is extremely lacking, and the market lacks support strength.

IV. Operational strategy

For holders: The best strategy is to stop-loss and exit. If deeply trapped and reluctant to cut losses, one can only wait for a rebound to reduce positions near $2.00; do not add positions.

For those without positions: Definitely do not touch! Coins that are in a broken downward trend will only allow bottom buying at mid-mountain levels. Unless you see a daily level volume increase above $2.50, do not catch this sharp falling knife.

V. Summary

The backbone of TON has broken, and $1.50 is the last line of defense. No volume, no bottom, it's better to stay away!