【$TON Signal】Bearish suppression, waiting for rebound exhaustion

$TON 1H level breaks below EMA50 critical line, trend turns bearish. RSI on 1H drops to 24.43, entering oversold territory, but buying depth is unbalanced at -11.16%, with sell orders piled up above 1.2926. MACD histogram continues to expand below zero line, indicating ongoing bearish momentum.

🎯Direction: Watchful (Short on rebound)

⚡Entry/Order: Around 1.2657

🛑Stop Loss: 1.2930

🚀Target 1: 1.2398

🚀Target 2: 1.2140

🛡️Trade Management:
- Execution Strategy: If price rebounds to the entry zone, go short. After reaching Target 1, reduce position by 50%, and move the remaining stop loss to the entry price. If the price directly breaks below 1.2398, consider adding to the position, with a new stop loss placed above 1.2657.

Order book data is clear, selling pressure is concentrated in the 1.2920-1.2930 area, forming a rebound ceiling. Open interest remains stable, with no signs of panic selling, indicating a solid bearish pattern. Current risk-reward ratio is 2.5, which is attractive, but wait for the price to rebound to resistance before acting, confirming the bulls are unable to push higher.

View real-time market 👇 $TON
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