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I’m shorting TON right now—here’s why the 4H chart is screaming breakdown.
$TON /USDT - SHORT
Trade Plan:
Entry: 1.6573 – 1.6755
SL: 1.7541
TP1: 1.6006
TP2: 1.5568
TP3: 1.4910
Why this setup?
95% confidence isn’t a guess. 1D trend is bearish, RSI on 15M sits at 40.96 (weak bounce zone). ATR on 1H is tight at 0.0365—volatility is compressing, which often precedes a violent flush. Entry at 1.6664 with TP1 at 1.6006 is within 4%—quick profit if momentum breaks below 1.6573 support.
Debate:
Are you loading shorts now or waiting for a retest of 1.6755?