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#TONUSDT – Stay tuned for more declines
On the daily chart, $TON stock has broken the support level of $1.42–$1.48, a strong previous rebound level. Since it has been broken, further declines are likely if this level is not regained.
However, this does not necessarily mean an immediate drop. The (RSI) is in the oversold region, so a temporary rally could occur.
The downside target may be around $0.56, filling the long gaps from previous candles.
#TON
#Toncoin
$TON