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Everyone is calling TON dead—here’s why that’s exactly the setup.
$TON /USDT - LONG
Trade Plan:
Entry: 1.5173 – 1.5383
SL: 1.3964
TP1: 1.6264
TP2: 1.6921
TP3: 1.7906
Why this setup?
• RSI at 38.5 on 15m is deeply oversold, historically a strong bounce trigger.• 4h LT bias is LONG with 84% confidence, yet the daily trend is bearish—this is a classic contrarian squeeze setup.• Entry zone at 1.5173-1.5383 offers a tight risk/reward: TP1 at 1.6264 is 6.4% away, while SL is only 8.6% below.
Debate:
Are you buying the dip or waiting for a lower low before the daily trend flips?