#TON — Daily Outlook 📉 When does this bearish trend end?
On the daily timeframe, the trend is still clearly bearish, with strong lower highs & lower lows.
The recent bounce was only corrective, forming a bearish flag that has already broken down — a bearish continuation signal.
Outlook remains bearish, targeting the bear flag pole move around $0.851.
A relief rally is still possible for a SBR retest before continuation.
Momentum check:
RSI in a death cross below 50 ❌
MACD still red in the bearish zone 🔴
TON
1.457
-0.74%
