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Everyone’s bullish on TON—but the 4H chart is screaming for a 95% confidence short.
$TON /USDT - SHORT
Trade Plan:
Entry: 1.6429 – 1.6609
SL: 1.7380
TP1: 1.5873
TP2: 1.5442
TP3: 1.4796
Why this setup?
RSI on 15m just hit 68.9—overbought on a bearish day. 1D trend is still down. ATR shows tight volatility (0.0359), suggesting a breakout is imminent. Entry is waiting at 1.6519, with TP1 at 1.5873. Why now? The 4H timeframe is aligning with the daily bearish bias—this isn’t a dip buy, it’s a rejection setup.
Debate:
If TON dumps to 1.5442 (TP2), will you hold for 1.4796 or take profit early?