📊 $TON — 4H Technical Breakdown TON has been getting hammered. Down 22% on the week, currently trading around $2.10. The Telegram takeover hype has fully cooled, and now the chart is doing what charts always do after parabolic moves — looking for fair value. 🔍 Structure on 4H After the early-May vertical run, TON formed a clean lower-high lower-low sequence. The recent break under $2.30 confirmed the short-term trend flip from bullish to bearish on this timeframe. Price is now sitting right on the $2.00 psychological line. This level is doing serious work — it’s the same area that capped the entire pre-Telegram rally and now acts as the floor of the post-pump retrace. 📐 Moving Averages MA50 (4H) sits around $2.45 — sloping down, acting as dynamic resistance. MA200 (4H) near $1.95 — the deep magnet. Lose $2 and price taps this fast. Price below both MAs = momentum is officially bearish on this timeframe. 📊 Indicators RSI on 4H has cooled from 90+ at the Telegram-news top to roughly 40 now. Not oversold yet, but the euphoria is fully drained. Volume on the down move is fading — sellers losing steam. That’s the first hint a bottom is forming, not confirmed. 🎯 Key Levels 🔺 Resistance: $2.20 → $2.45 (MA50) → $2.65 → $3.00 🔻 Support: $2.00 → $1.95 (MA200) → $1.75 → $1.55 🟢 Long Scenario Bid zone: $1.95-$2.05 (MA200 retest) Stop-loss: $1.85 TP1: $2.20 (+10%) TP2: $2.45 (+22%) TP3: $2.65 (+33%) Need 4H close above $2.20 with volume to confirm reversal. 🔴 Short Scenario Trigger: 4H close below $1.95 Target: $1.75 → $1.55 💡 Honest Read Whales accumulated 189,730 TON over 3 months despite the dump. Smart money is bidding weakness. But the chart still says wait for confirmation. $2 is the line — defend it and the bounce starts, break it and the pain extends. Patient hands win here. ⚡ Not financial advice. DYOR. #Toncoin #TON #OKX