TONUSD Bearish Structure Reinforces Downside Continuation Risks Ahead Nearterm

TONUSD Analysis – December 24

TONUSD bearish structure reinforces downside continuation risks ahead nearterm. TON continues to exhibit a sustained bearish trajectory on the daily chart, with price action trading persistently below the short term moving average around $1.480. Momentum indicators remain weak, as the MACD hovers below the zero line with muted histogram expansion, signaling limited bullish participation. Overall indicator alignment reflects a market still under distribution rather than accumulation.

TONUSD Key Levels

Supply Levels: $2.3560, $3.2680
Demand Levels: $1.4520, $0.5740

TONUSD Long-Term Trend: Bearish

Overall,  TONUSD has maintained a sequence of lower highs and lower lows, confirming a bearish market structure. Notably, the $1.660 to $1.780 region has acted as a firm supply zone, repeatedly capping upside attempts. While simultaneously, the $1.450 level is being pressured as a key horizontal support. As a result, failure to reclaim and hold above $1.660 keeps price technically vulnerable, therefore allowing consolidation to resolve to the downside.

Looking ahead, the prevailing structure favors further downside extension especially if $1.450 fails to hold convincingly. In that scenario, a breakdown below this level opens the path toward the next major demand zone near $0.570. This in turn aligns with prior liquidity support on the chart. Meanwhile, any interim pullbacks toward $1.600 are likely to be corrective, with that said, the broader forecast remains bearish until price regains strength above $1.780.

TONUSD Short-Term Trend: Bearish

TONUSD is currently consolidating on the four hour chart, with price oscillating around the $1.450 to $1.500 zone and showing limited directional commitment. The moving average remains flat near $1.460, reflecting equilibrium between buyers and sellers as crypto signals remain undirectional in the near term.

Repeated rejections below the $1.670 resistance and sustained support around $1.450 define a clear horizontal range, keeping the broader crypto signal neutral. A decisive breakout above $1.670 or breakdown below $1.450 is required to confirm the next directional move.

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