$TON Signal: 1H Bullish rally continues, funding rate is high, watch out for short squeeze

$TON MACD 1H bullish_expanding, red bars strengthen, but 4H MACD histogram begins to shrink, upward momentum weakening. Deep buy/sell ratio 0.19, buy orders are weak, funding rate at 0.124% is high, short positions have high entry costs. Current price 1.6681 is close to the 1H Bollinger middle band at 1.6584, there is willingness to support from buyers but not very firm.
🎯Direction: long
⚡Entry/Order: 1.663096 - 1.668100 directly place buy orders within this range
🛑Stop loss: 1.616950
🚀Target 1: 1.744825
🚀Target 2: 1.783187
🛡️Trade management:
- Execution strategy: Reduce 50% of positions after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect capital.
Funding rate remains high but price has not dropped significantly, shorts are passively rolling over, which could easily trigger a short squeeze if volume surges. 1H RSI at 56 is in a neutral to slightly bullish zone, with room to rise. Personally, I think the current risk-reward ratio is acceptable, but keep a close eye on support around 1.65; if broken, abandon the trade.
Check real-time market 👇 $TON
---
Follow me: for more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我的Gate交易时刻 #Gate直通韩股股票 #预测世界杯法国VS伊拉克