#TON Update #5 – July 27, 2025TON / TetherUSBINANCE:TONUSDTBTCETH2X#TON Update #5 – July 27, 2025 TON has moved below its last impulsive wave, initiating a bearish phase on the 4-hour chart. The presence of long wicks may be a sign of significant trapped positions, likely indicating that whales have already closed out their trades in this zone. Based on the 4-hour chart, Ton’s bearish shift and the following correction point to a new target at the $2.88 level. Keep in mind this analysis applies only to the 4-hour timeframe, not the daily. You should consider the timeframe in which you're trading. As long as TON does not break above the $3.60 level and close a candle with a new high, it will remain bearish on the 4-hour chart. Therefore, I do not recommend any trades on TON at the moment.