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Most traders ignore this one RSI reading on TON—and it just hit 100.
$RDDTON /USDT - SHORT
Trade Plan:
Entry: 1.8056 – 1.8056
SL: 1.8056
TP1: 1.8056
TP2: 1.8056
TP3: 1.8056
Why this setup?
Why now? 15m RSI is maxed at 100.0, a classic exhaustion signal in a 1D range. With 4h bias SHORT at 55% confidence, the entry at 1.8056 sits at the zone where reversals often start—especially when ATR is flat (0.0 on 1h), signaling a squeeze is imminent.
Debate:
Is this a dead cat bounce before a breakdown, or are shorts about to get wrecked?