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TON Price Alert: Dead Momentum and Overloaded Longs Signal $1.52 Flush

July 17, 202606:05 AM
TON Price Alert: Dead Momentum and Overloaded Longs Signal $1.52 Flush

The TON Coin outlook has turned bearish as the price remains pinned at $1.60, trapped beneath every key moving average. With the MACD momentum completely flatlined, technical indicators suggest a high-probability correction, with a 65% chance of a price flush toward the $1.52–$1.55 support zone.

This potential downturn is fueled by an overload of long positions that are increasingly vulnerable to a market shakeout. As the path of least resistance points downward, the market faces a significant risk of a liquidation cascade, which could rapidly drive prices lower before any meaningful recovery can take place.

TON is currently pinned at $1.60, trading beneath every key moving average, with MACD momentum showing a complete flatline. Technical analysis suggests that the path of least resistance is a downward flush to the $1.52–$1.55 range, a move carrying roughly a 65% probability.

The primary driver for this potential volatility is the presence of overloaded long positions. A breach of current support levels could trigger a massive liquidation event, forcing the price down as leveraged traders are squeezed out of their positions.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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