$TON Signal】Bear pressure, 4H trend continues


$TON Current price 2.1306, 4H MACD histogram contracting but still below zero line, RSI at 40.36 in a weak zone. The middle band of the 1H Bollinger Bands at 2.1095 was briefly broken then pulled back, buying interest around 0.55 shows support but lacks sustainability. Depth data indicates slightly thicker sell orders, Bid/Ask Ratio at 0.89 suggests bears are in control.

🎯Direction: Short

⚡Entry/Order: 2.1800 (Recommended range within 2.1301-2.2181)

🛑Stop loss: 2.2614

🚀Target 1: 2.1315

🚀Target 2: 2.0882

🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss down to entry price. If price rebounds above 2.2000, consider exiting early.

Bulls attempt to push higher on the 1H but volume diminishes, the 4H moving average at 2.1939 forms clear resistance, making a rebound to this area more likely to encounter resistance. Current risk-reward ratio is about 2:1, worth betting.
View real-time market 👇 $TON
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#Gate广场五月交易分享 #美国4月PPI同比暴涨6% $BTC $ETH $SOL
TON1.24%
BID4.74%
4-2.28%
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