GainMuse

🔻 $TON rebound may be walking into a fade.

The latest bounce has carried price back into a reaction pocket after the steep channel unwind, yet upside still looks fragile from this angle.

📉 Technical View:

• Pattern: Relief pop into overhead supply after a falling channel flush

• Bias: Bearish, downside could reassert itself if the bounce keeps stalling beneath the recent rejection band

• Key Level: Watch 1.25 to 1.26 as resistance, 1.23 to 1.24 as the pressure area, and 1.20 to 1.21 as support

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⚠ If $TON clears 1.26 and starts holding above the rebound cap, this bearish continuation idea could start losing weight.

#TON #Toncoin #TON Price Analysis#