$TON This wave may be close to the high point

Currently highly favorable for shorting
In the short term, the 4-hour MACD is about to cross downward
TON experienced explosive growth over the past week, soaring from a low of $1.32 to a high of $2.72, an increase of over 106%, mainly driven by Telegram founder Pavel Durov announcing a 6-fold fee reduction and taking over the blockchain validator, combined with ecosystem airdrops like Hamster Kombat pushing user numbers over 100 million.
However, the 1-day RSI is as high as 90.2, extremely overbought, and the price has already far exceeded the Bollinger upper band at $2.50, with significant short-term correction risk.
Derivatives holdings amount to $1.37 billion, with $23.54 million in active liquidations, mainly longs, and a funding rate of 0.82%, neutral leaning bullish.
Short-term contract opening strategy:
Short strategy (priority, near 2.67)
Open price: 2.67
Stop-loss level: 2.80
First take profit level: 2.50
Second take profit level: 2.30
Entry reason: RSI exhaustion + MACD convergence, with liquidation bias toward longs.

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