TON/USDT –> Inverse Head & Shoulders Breakout Setup

[madmax]

Hello guys!

On the daily chart, TON is forming a clear Inverse Head & Shoulders pattern, a classic bullish reversal structure.

Key Levels & Structure:

Left Shoulder: Around 3.00
Head: Around 2.30
Right Shoulder: Recently formed around 3.00, confirming buyer interest.
QML Zone: 2.90 – 3.00 area has acted as a strong demand base.

Bullish Scenario:

A breakout above the 3.50 – 3.60 neckline opens the way for a strong move higher.
Main target sits around the 4.00 – 4.10 DP zone, aligning with previous supply.
After reaching that level, a possible short-term correction could happen before continuation.

Invalidation:
A daily close below 2.90 (QML zone) would invalidate the bullish structure and put buyers on the defensive.

Conclusion:
TON is showing a strong reversal pattern. If the neckline breaks, the path to 4.00+ looks likely. Buyers remain in control while the price stays above 2.90.