TON sharply declined and is now rebounding, pay attention to short-term opportunities

Market Analysis:

TON's current price is $5.357, with a 4-hour decline of 2.21%. The price has stabilized after a quick pullback to $5.303, showing small signs of a short-term rebound. MA7 crosses below MA25 and MA99, indicating that the bearish trend still dominates. The MACD bearish momentum bars have slightly shortened, suggesting that downward momentum is weakening, but no significant reversal has occurred.

Key Levels:

• Support: $5.303, $5.200

• Resistance: $5.472, $5.669

Trading Recommendations:

1. Long Position Strategy: If the price breaks through $5.472, consider taking a light long position, target $5.669, stop loss at $5.303.

2. Short Position Strategy: If the price drops below $5.303, consider taking a light short position, target $5.200, stop loss at $5.380.

3. Control position size, avoid chasing long at high levels or short at low levels, and wait for the price to break through key levels before entering the market.

Risk Warning:

Currently, TON is in a high volatility state, it is recommended to strictly set stop losses and closely monitor changes in trading volume to confirm trend continuity.