$TON H1 Potential Bearish Cypher Formation

• Possible bearish cypher harmonic pattern formation with D-leg completion on 79% Fib level touch.

• Market trading above bullish NT and H1 EMA200; trying to go over both EMAs to potentially tease a GX.

• Made recent bounce from VAL and could retest its 50% key resistance trendline.

• TFO hovering just above median, avoiding potential bearish crossover, but could still be highly invalidated.

Key break points to WOF:

• $6.7164

• $6.7793

• $6.6890

• $6.6915

• $7.1709