$TONUSDT cannot escape this trap.

After the arrest of Pavel Durov, CEO of Telegram, TON is enduring a bearish movement.
During the past hours TON managed to escape the bearish trend and started showing signs that it will reach $5.

After touching $4,9 he dropped again to $4,79 getting inside the upper level of Fibonacci which is $4,81. As it has entered this level I believe we are going to see more shorts till we reach $4,67 where we will need to re-evaluate the market.