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Most traders are still bullish on TON—they haven’t seen the 4h RSI hitting 100 yet.
$RDDTON /USDT - SHORT
Trade Plan:
Entry: 1.8056 – 1.8056
SL: 1.8056
TP1: 1.8056
TP2: 1.8056
TP3: 1.8055
Why this setup?
RSI on 15m is maxed at 100, a classic exhaustion signal in a range-bound 1D trend. With a 77% SHORT confidence and tight entry at 1.8056, the risk/reward favors a drop to TP3 at 1.8055 over a breakout.
Debate:
Is this a dead-cat bounce trap, or will the range hold for one more leg up?