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#TONUSDT — Daily Overview 📉 When will this fall trend end?
On the daily timeframe, the trend is still clearly bearish, with lower highs and lower lows.
The recent rebound was only corrective, as it formed a bearish flag pattern that has already been broken - a signal for the continuation of the fall.
The outlook remains bearish, targeting the movement of the descending triangle pattern around $0.851.
A slight rise to retest the support level is still possible before resuming the trend.
Momentum Check:
The Relative Strength Index (RSI) is in a death cross below 50 ❌
The MACD indicator (MACD) is still in the falling zone 🔴
#TON #Toncoin
$TON