With the arrest of Pavel Durov at the Le Bourget Airport in France 2 days ago, the inevitable tank of linked assets followed with both $TON and $NOT seeing sharp declines.
#Ton is approaching the bottom end of its trading band that it’s formed over the last few months. Breaching the bottom end will create new price discovery opportunities and possibly an opportunity for short sellers.
The 4-Hour chart shows some resistance as it’s approaching the bottom end of the band.
Trade with Caution and after DYOR.
Sentiment: Undecided 🤷♂️