$TON Update 🚨
Price action on $TON showed a Break of Structure (BOS) to the upside on the 14th, signaling a bullish trend. However, a Change of Character (ChoCH) near $6.40 rejected from the Fair Value Gap (FVG), and the current bearish impulse has broken below that FVG.
Currently, price is eyeing support around $5.60. 📉
I’m keeping an eye out for either a bounce at this level or a continuation lower to provide more clarity on the next move. 📊