$TON

BEARISH REVERSAL ?! 🤔

Rising wedge forming on the D TF.

This kind of patterns typically signal a potential bearish reversal, as breakouts usually occur through the lower trend line.

Key elements to watch for confirmations of a rising wedge pattern:

_A temporary uptrend in price action.

_A decline in trading volume.

_The convergence of two trend lines, indicating an imminent downward breakout.

As always, be patient and observe the charts ⏳️

Confirmations are necessary before taking any position.

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