WikiBit 2026-01-17 04:39TON is consolidating in a narrow range at $1.71 ($1.67-$1.75), while the overall downtrend continues. RSI at 42 shows neutral pressure, MACD gives bearish
TON is consolidating in a narrow range at $1.71 ($1.67-$1.75), while the overall downtrend continues. RSI at 42 shows neutral pressure, MACD gives bearish signals, and price is below EMA20. Volume is low ($84.79M) with a lack of strong support. At this critical juncture, a resistance breakout could trigger upside, while weak volume could accelerate downside – both scenarios supported by market data. Traders should stay prepared by monitoring levels.
Current Market Situation
TONs current price is at $1.71, trading in the $1.67-$1.75 range with a slight -0.35% drop over the last 24 hours. Volume is low at $84.79M, limiting volatility but potentially setting the stage for sudden breakouts. The overall trend is classified as downtrend; price is trading below EMA20 ($1.73) and the Supertrend indicator gives a bearish signal, highlighting $1.81 resistance.
Technical indicators show RSI at 42.36, not approaching oversold, under pressure in the neutral zone. MACD histogram is negative and confirms bearish momentum. Multi-timeframe (MTF) analysis detects 13 strong levels across 1D/3D/1W timeframes: 2 supports/2 resistances on 1D, 0 supports/2 resistances on 3D, 3 supports/4 resistances on 1W. Resistances dominate (especially $1.7442 score 80/100 and $1.7130 score 63/100), no strong support (no score >=60). Market is unaware, tied to general crypto sentiment.
This setup offers traders preparation opportunities in both directions: Resistance test could be a bullish catalyst, while volume-less downside continuation carries risk. Detailed data available on TON Spot Analysis and TON Futures Analysis pages.
Scenario 1: Bullish ScenarioHow Does This Scenario Unfold?
The bullish scenario is triggered by price breaking above $1.7130 resistance (score 63/100) with volume. Then, overcoming the strong $1.7442 resistance (score 80/100) is critical; this breakout should pass EMA20 ($1.73) upward, invalidating the short-term bearish structure. RSI rising above 50 and MACD histogram approaching zero provides momentum confirmation. Supertrend flipping bullish (above $1.81) adds further confirmation.
In MTF, if 1W supports (around $1.67) hold, buyers step in. Volume increase (%50+ spike) is essential; low-volume breakouts may be fakeouts. In this scenario, general crypto rally (BTC >$100K?) or TON ecosystem news (Telegram integration) acts as catalyst. Healthy pullback post-breakout to $1.71; this becomes new support. Traders should manage risk on long positions with stop-loss below $1.67 – invalidation: Break below $1.67 invalidates the scenario.
This roadmap teaches traders the importance of levels: Resistance breakouts should be confirmed with volume profile and MTF alignment sought. Historically, TON has rallied +15% from similar consolidations.
Target Levels
First target $1.81 Supertrend resistance (approx. 6% upside). Next, $1.9500 main target (score 28, 14% potential). Monitor Fibonacci extension 1.618 ($2.05) and 1W resistances. R/R ratio: $1.71 entry, $1.67 stop (1.75% risk), $1.95 target (14% reward) = 1:8 ratio. More aggressive traders can extend to $2.20 (near previous ATH), but partial profit-taking recommended.
Scenario 2: Bearish ScenarioRisk Factors
The bearish scenario starts with rejection at $1.7130 resistance; momentum accelerates if price slips below $1.71. Break below $1.67 range low (current support) triggers distancing from EMA20. If RSI drops below 40, oversold pressure increases, MACD negative divergence deepens. If Supertrend remains bearish, $1.81 becomes distant target, confirmed by volume on downside (no short squeeze).
MTF shows abundance of 3D/1W resistances (6/9), supporting downtrend continuation. Even with low volume, rejection increases selling pressure – risk of general market correction (BTC <$90K?) or TON-specific liquidity flight. Pullback possible to $1.75, but below $1.67 offers short opportunity for invalidation. Traders should protect shorts with stop above $1.75 – invalidation: Break of $1.7442 breaks the scenario.
Educational point: Lack of support elevates breakdown risk. Confirm seller dominance with volume delta analysis; historically, TON has seen 20%+ drops in downtrends.
Protection Levels
First target below $1.67 range (2% downside). Main target $1.5334 (score 25, 10% drop). Monitor 1W supports and Fib 0.618 ($1.50). R/R: $1.71 short entry, $1.75 stop (1.75% risk), $1.53 target (10% reward) = 1:5.7 ratio. Aggressive shorts can go to $1.40 (MTF support), profit-taking essential.
Which Scenario to Watch?
Main trigger: $1.7442 resistance – breakout bullish, rejection bearish. Confirmation: Volume >$100M, RSI divergence, MACD crossover. $1.67 support test critical; hold bullish bias, break bearish. Monitor daily candle closes (4H+), MTF alignment. With low volatility, news flow (TONcoin update?) determines direction. Trade both scenarios with invalidation levels – no emotional decisions.
Follow TON Spot Analysis for spot, TON Futures Analysis for futures. Risk management: Position 1-2% capital, target R/R >1:3.
Conclusion and Monitoring Notes
TONs unbalanced setup at $1.71 offers traders an educational opportunity: Analyze with technical levels, indicator alignment, and volume. For upside, wait for $1.7442+ volume breakout; for downside, below $1.67. Both scenarios equally likely; prepare according to your risk profile. Watchlist: $1.7130/$1.7442 resistance, $1.67 support, RSI/MACD, volume. Market is volatile; stay updated.
This analysis teaches probabilities – decision is yours. Visit spot/futures pages for details.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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