$TON Signal】1H overbought pullback—wait for a deeper retest of support before going long


$TON 1H RSI 72.2 and narrowing histogram; the 4H upper band 2.3727 has been broken, but the funding rate is -0.0069%, and the bears are still paying. RSI_14 reaches 96.07, with a clear buy-side gap—there is a strong need for a short-term technical correction.
🎯Direction: Long (place pullback order)
⚡Entry/Order: 2.3717 (recommended upper limit of the range)
🛑Stop loss: 1.5667
🚀Target 1: 2.3083
🚀Target 2: 2.5555
🛡️Trade management:
- Execution strategy: If the price retests 2.3717 and holds 1H support, enter for the first time. Target 1 is below the current price, so in practice focus only on Target 2. After reaching Target 2, reduce the position by 80% and move the stop loss to the entry price.
Depth logic: OI is stable; sell-side pressure is not being continuously added, and the negative funding rate suggests a potential short squeeze. However, the current high-level long upper wick (2.5794) indicates sell pressure—waiting for a full retest before entering/participating provides a better risk-reward.
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