Technical analysis by CryptoFiboTrends about Symbol TON on 13 hour ago

TONUSDT TON Downtrend Pressure – Support Lifeline? Current trend: TON's riding a descending channel, bouncing off the 1.84 support after capping at 2.36 resistance—fading volume on reds points to weakening bear control 🛡️. Hold support? Yes likely; hammer patterns and channel base confluence drawing buyers for a potential stall. Breakout above resistance? Setup for 2.36 flip on strong close—could propel 7-9% upside to channel top 🚀. Dip risk? Moderate to 1.80 if trendline accelerates, but oversold signals curb it. Target: Rebound to 2.20 short-term; deeper 2.40 on momentum. Indicators tracking: RSI (42, neutral bounce zone), Channel slope for breaks, and VWAP pivot 📉. #TONTrading #CryptoChannel #FiboTrendCrypto