$TON Signal】Bearish momentum continues, 1H breakdown


$TON Three consecutive 1H bearish candles engulfed yesterday's gains, current price at 1.983 has broken below EMA20 (2.0009) and the middle Bollinger band (1.9972). MACD on 1H shows a death cross with increasing green bars, while 4H MACD remains bullish but with shrinking bars, indicating weakening rebound strength. Market depth is unbalanced at -15.86%, with selling pressure dominating. Negative funding rate (-0.0201%) failed to stop the decline, market selling pressure is real.
🎯Direction: Short
⚡Entry/Order: 1.982 - 2.051 (can be deployed near current price)
🛑Stop loss: 2.102
🚀Target 1: 1.950
🚀Target 2: 1.899
🛡️Trade management:
- Reduce 50% of position upon reaching Target 1, move stop loss to break-even. If rebound above 2.051 without breaking, continue holding remaining position. Add to position if breaking below 1.899.
(Short-term bearish dominance, but 4H Bollinger lower band at 1.8633 provides strong support. Shorting requires position control. Extremely low funding rate has not triggered short squeeze, market sentiment is cold.)
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#TradFi交易分享挑战 #PYTH今日解锁21.3亿枚代币 $BTC $ETH $SOL
TON2.51%
PYTH-7.81%
BTC0.64%
ETH0.56%
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