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TONUSD Analysis – December 17
TONUSD remains under structural pressure amid a persistent downtrend. The TONUSD market continues to trade within a firmly bearish regime, with price aligned below declining short- and medium-term moving averages near $1.600. Momentum indicators remain subdued, as the MACD struggles to sustain positive territory, reflecting weak upside conviction. This configuration underscores a market environment where sellers maintain functional control and rallies lack durability.
From a technical standpoint, price action shows repeated failures to reclaim the $1.600–$1.650 supply zone, confirming it as an active distribution area. The market is compressing below former support around $1.450, which has now transitioned into overhead resistance. Candlestick structure reflects shallow consolidations followed by continuation moves, reinforcing the prevailing downside bias.
Looking forward, a decisive break below $1.450 would likely expose the next downside objectives near $1.000 and potentially $0.600. As long as price remains capped beneath $1.600, recovery attempts are expected to be corrective rather than trend-reversing. The broader outlook favors further depreciation into early 2026 unless a clear structural reclaim occurs above $1.700.
TONUSD Short-Term Trend: Bullish
TONUSD is showing short-term bullish momentum on the four hour chart as price rebounds from a strong demand zone. The 9 and 21 moving averages are beginning to curl upward, suggesting improving trend strength.
MACD is recovering from bearish territory, indicating growing buying pressure. A sustained hold above the 1.550 region could open a move toward the 1.750 to 1.800 supply zone, with traders closely watching crypto signals for confirmation.
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.
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