$TON / USDT — Overbought Pullback Short 🔻

The daily structure remains bearish, while the 4H chart is consolidating inside a range, suggesting distribution rather than accumulation. On the 1H timeframe, price is trading above the EMA50, but with the EMA50 still below the EMA200, the broader downtrend remains firmly in control.

Momentum is stretched — the 1H RSI is overbought near 71, increasing the probability of a corrective pullback. A break below 1.5139, accompanied by the 15-minute RSI slipping under 50, confirms short-term momentum has flipped bearish.

This setup aligns perfectly for a trend-continuation short as the daily downtrend resumes.

Trade Plan (SHORT)

Entry: 1.51052 – 1.517848

TP1: 1.495207

TP2: 1.491311

TP3: 1.479516

SL: 1.532593

📉 Bias: Bearish continuation

⏱ Trigger: Breakdown + momentum shift

⚠️ Note: Overbought conditions are the catalyst — manage risk accordingly