TON / TetherUS
Short

Here is Why We are Bearish on TON/USDT (Weekly Chart)

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Technical Analysis (Weekly Chart)

Current Price Action

TON/USDT is currently trading at $2.90.

After a false breakout on the upside, the weekly candle reversed, confirming the continuation of the prevailing downtrend.

The price has started moving lower again, aligning with the broader market correction.

Trade Setup (Short Position)

Entry: $2.90 (current market price)
Stop Loss: $3.435 (above recent resistance to manage risk)
Take Profit: $2.345 (targeting a strong support level)

Risk Management

Do not risk more than you can afford to lose.
The risk-to-reward ratio is favorable, making this setup suitable for bearish traders.

Fundamental Analysis

Macroeconomic Factors Affecting TON

The overall crypto market has been under pressure due to recent macroeconomic events, and TON has not been immune to these factors:

1. Impact of U.S. Tariffs & Market Sell-Off

U.S. President Donald Trump’s recent tariff announcements led to a historic $5 trillion stock market loss, triggering a broad sell-off across crypto.

TON/USDT has also faced downward pressure, aligning with the broader market’s bearish sentiment.

2. Regulatory Risks

TON's history with the SEC crackdown has made it a target for regulatory scrutiny, adding uncertainty for investors.

Although TON has since evolved into Free TON, regulatory overhang continues to limit long-term confidence in the project.

3. Market Sentiment & Adoption Challenges

Unlike major Layer-1 blockchains such as Ethereum or Solana, TON has limited DeFi adoption and lacks strong institutional backing.

While it benefits from Telegram’s initial branding, the lack of a direct connection to Telegram post-2020 weakens its value proposition.

Bearish Outlook for TON

Given the technical rejection at higher levels and the ongoing macroeconomic uncertainty, TON is likely to face further downside pressure in the coming weeks.

If TON breaks below $2.345, the next major support level could be $2.00, further extending the bearish trend.

Conclusion

TON/USDT is showing bearish momentum on the weekly chart. Combined with macroeconomic headwinds and regulatory uncertainties, the price is likely to continue its downward trajectory. Traders can consider a short position at $2.90, with a stop loss at $3.435 and a profit target of $2.345.

Disclaimer

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