Head and Shoulders Pattern Forming on TON

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On a larger timeframe, a clear head and shoulders pattern is visible for TON.

The price recently retraced to the golden pocket (0.618 Fibonacci) after the last drop.

Above that, at the 0.786 Fibonacci level, there’s a Fair Value Gap (FVG), which may or may not be filled.

Conclusion : TON could face a significant drop in the coming days or weeks as the head and shoulders pattern suggests.

Advice : Keep an eye on Fibonacci levels and potential drops. Share your thoughts or feedback, and as always, happy trading! Cheers!