dYdX: Vote Opens to Wind Down TON-USD Market

dYdX Foundation posted an expedited on-chain vote asking whether the community should approve winding down the TON-USD market, with ballots closing June 18 2026 at 09:12 UTC.

TON prints $1.68 on the four-hour chart inside a bearish trend where EMA50 at $1.7 and EMA200 at $1.8 sit directly overhead as resistance. MACD registers a death cross at -0.02 while RSI at 49.01 stays neutral, leaving price action pinned between the Bollinger upper band at $1.83 and lower support at $1.58; any rejection at the upper band would likely accelerate a test of that lower band before the next directional move. Traders tracking TON price prediction metrics now weigh the vote outcome against these levels for perpetual futures positioning.