TON Price Warning: 'Dead Money' Trap Below Moving Averages Targets $1.52
TON is currently trapped in a technical stalemate, behaving as 'dead money' as it struggles to break above a heavy wall of descending moving averages. With MACD momentum flatlining and an overleveraged long base creating high risk, the market is primed for a sudden flush to clear out excessive positions.
This technical setup suggests that a drop toward the $1.52–$1.50 support zone is the most probable high-probability path. Such a correction is viewed as a prerequisite to flush out leveraged traders before any meaningful recovery in the TON price can take hold.
TON is currently trapped at $1.60, struggling beneath a wall of descending moving averages. With flatlined MACD momentum and an overleveraged long base screaming for a flush, the technical outlook is bearish in the short term. The high-probability path for the asset targets a test of the $1.52–$1.50 range before any real recovery can be established.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
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