**TON Price Analysis: Breakdown and Key Levels to Watch**

The price of TON has recently broken below a critical support zone, signaling a potential shift in market sentiment. A long wick extending down to the lower support level has formed, indicating that buyers are actively stepping in at lower prices. This suggests that while selling pressure pushed the price down, buyers are attempting to defend the lower support zone, creating a tug-of-war between bulls and bears.

Currently, the price is consolidating between the **support zone ($2.75–$3.00)** and the **resistance zone ($4.50–$4.75)**, forming a no-trade zone. This range-bound movement reflects indecision in the market, as neither buyers nor sellers have gained full control. Traders should exercise caution and wait for a clear breakout or breakdown before considering new positions.

### Key Observations:
1. **Support Zone ($2.75–$3.00):**
- This area has historically acted as a strong support level. The long wick indicates that buyers are accumulating at these levels, which could prevent further downside in the short term.
- A sustained break below this zone could lead to a deeper correction, with the next support level likely around $2.50.

2. **Resistance Zone ($4.50–$4.75):**
- This zone has previously acted as a significant resistance level. A breakout above this area could signal a shift in momentum, potentially opening the door for a rally toward $5.00 or higher.
- Until the price convincingly breaks above this zone, upside potential remains limited.

3. **Market Sentiment:**
- The presence of a long wick suggests that buyers are attempting to regain control, but the lack of follow-through indicates weak momentum.
- Volume analysis is crucial here—increasing volume on a breakout or breakdown would confirm the next directional move.

### Trading Strategy:
- **Wait for Confirmation:**
Given the current consolidation, it is advisable to wait for a clear breakout above $4.75 or a breakdown below $2.75 before entering new positions.
- **Risk Management:**
If the price breaks below $2.75, consider setting stop-loss orders to minimize potential losses. Conversely, a breakout above $4.75 could be an opportunity to enter long positions with a target of $5.50 or higher.
- **Patience is Key:**
Avoid trading within the no-trade zone, as choppy price action increases the risk of false breakouts and whipsaws.

### Conclusion:
TON is currently at a critical juncture, with the price action suggesting a battle between buyers and sellers. Traders should remain patient and wait for a decisive move outside the current range before taking action. Monitoring volume and key levels will be essential for identifying the next trend.

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