Yigit Taha OZTURK 
TON (The Open Network) successfully broke its previous descending trendline after testing it at a key resistance level we highlighted in our previous analysis. Following the breakout, TON retested the trendline and confirmed it as new support before rallying towards our initial target zone. This movement fulfilled the short-term bullish outlook we anticipated.
Current Price Action and Status
After reaching the 3.10 – 3.20 USDT target zone, TON faced selling pressure and saw a rejection at that resistance level. Currently, the price is expected to find support at the 2.80 – 2.90 USDT area, which corresponds to the previous trendline breakout level. If buyers step in at this zone, TON could gain bullish momentum once again.
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Potential Scenarios
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If TON holds above the broken descending trendline, buyers may push the price toward the 3.30 USDT FVG (Fair Value Gap) zone. A breakout above this level could open the door for further upside toward 3.50 USDT and beyond.
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If TON loses support at 2.80 USDT and closes below it on the daily timeframe, the price could fall back toward the 2.60 USDT support zone. Further weakness could bring 2.40 – 2.50 USDT back into focus.
The recent trendline breakout and successful target achievement offer positive signals for TON. However, the resistance area has triggered profit-taking, and short-term sideways or slightly bearish price movements may follow. Holding above the 2.80 USDT support zone is crucial for maintaining a bullish structure in the medium to long term.
Traders are advised to monitor support and resistance levels closely and adjust their strategies accordingly. If TON re-enters the descending trendline zone, downside risks may increase.
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