$TON Short Setup

$TON is attempting to break down from a triangle structure within a broader downtrend channel. A confirmed breakdown could open room for continuation lower.

Entry (after confirmation):

Break & close below triangle support + retest

Zone: $1.23 – $1.27

Targets:

TP1: $1.18

TP2: $1.12

TP3: $1.05

Invalidation:

Daily close back inside the triangle / above $1.30