$TON The bulls have completely lost their minds! This wave of peak buyers is about to be buried alive!📉

Don’t be fooled by this nearly 30% rally! It surged violently from 1.3 to 1.8 in just a few days. Now the whole market is shouting “push TON,” but the real risks have long since been exposed beyond a doubt!

First, take a look at the most deadly signal: RSI(6) has directly shot up to 97+. It has completely entered the extreme overbought zone. What does that even mean? It means the bullish momentum has been completely exhausted—like an elastic band stretched to its limit. Next, there are only two possible outcomes: either it snaps directly, or it rebounds quickly!

Then look at the chart: the price just touched 1.8237 and then started to fall back. It’s now consolidating around 1.77. The trading volume has blown up to the max. This indicates that the main players are taking advantage of market frenzy to dump aggressively, and the retail traders who rush in are all taking delivery at high levels. More importantly, this rally was pushed entirely by emotion and funds—there has been no meaningful pullback. The bulls’ cost of the positions is all stacked at high levels. Once sell pressure shows up, it becomes a “bull kills bull” chain-reaction stampede!

If you chase longs now, you’re basically handing the main players free kills! People who know understand this: in an extremely overbought market like this, going short the other way is the best time to take profits from the blood.

My trading approach:

- Near the current price around 1.77, short with a small position size
- First target: 1.62 (the breakout level of the prior surge; take the first round of pullback profit first)
- Second target: 1.45 (the strong support level for this leg, also near the starting point of this surge)
- Stop-loss level: If it breaks above 1.85, stop out unconditionally—never hold the position!

Qinghuan never teaches everyone to chase pumps and take delivery at the top. I only trade the certainty of short setups when other people are going crazy! If you want to keep up with the pace of this counter-trade harvest, don’t be a peak-buyer who gets buried!
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