$TON Signal】Extreme overbought, pending orders and pullback


$TON RSI 1H 81.07, 4H 94.91, Bollinger upper band 1.7780 has been effectively broken, price 1.8623 exceeds the upper band by 4.7%.
Clear order book gap, buying momentum at high levels is weakening.
Funding rate is negative at -0.0004%, but open interest remains stable, indicating no liquidation of longs.

🎯Direction: Watchful (place buy orders)

⚡Entry/Order: 1.8530 Limit buy order (recommended entry upper limit)

🛑Stop loss: 1.3981

🚀Target 1: 1.8611

🚀Target 2: 1.8686

🛡️Trade management:
- Strict execution: only limit orders, do not enter if not triggered.
- After reaching Target 1, reduce position by 50%, move stop loss to 1.8530 to break even, remaining position aims for Target 2.
- If the price rebounds and breaks below the entry price, exit immediately.

Current risk-reward ratio is very low, only 0.02, mainly betting that the price will fall from the extreme high back to the upper boundary of the range and then attempt to retest the previous high.
This strategy is only suitable for traders with very small positions and a very calm mindset.
If the price continues to rise, you may miss out, but if it drops below 1.80, it likely tests 1.65.

Check real-time market 👇 $TON
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#WCTC交易王PK #美国寻求战略比特币储备 #比特币ETF期权持仓限额增4倍
TON31.39%
BTC0.85%
ETH-0.01%
SOL-0.75%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin