$TON Signal: Bullish trap, 1H Bollinger bands narrowing for a breakout


$TON RSI 53.17 resting at the midline, 4H MACD histogram shrunk to 0.0037, momentum waning but not reversing. 1H Bollinger upper band 1.7493, lower band 1.6935, midline 1.7214, price fluctuating narrowly. Order book buy depth ratio 1.18, sell orders gradually being absorbed. This convergence at the end suggests a near-term directional choice.
🎯Direction: long
⚡Entry/Order: 1.716036 - 1.721200
🛑Stop loss: 1.703988
🚀Target 1: 1.747018
🚀Target 2: 1.759927
🛡️Trade management: - Execute strategy: reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into entry zone, automatically exit to protect capital.
4H volume shrank along with Bollinger bands tightening, funding rate stable, bullish exhaustion insufficient but buy support below clearly intended. Waiting for a 1H bullish candle to confirm direction, risk-reward ratio close to 1.5, worth a shot.
Check real-time market 👇 $TON
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TON1.97%
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