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$TON Holders, This Is the Most Important Level Right Now.
$TON has exploded on the 4H timeframe with an extremely aggressive bullish rally, pushing more than 100% from the recent bottom. Price is trading far above MA7, MA25, and MA99, confirming strong bullish dominance and massive market attention.
But now the chart is entering a dangerous zone.
RSI is sitting near 99 showing extremely overheated momentum. The market is still bullish overall, but after such a vertical move, the risk of a sharp correction or liquidation wick becomes very high. Smart money often takes profits when retail starts FOMO buying near the top.
Trade Setup:
Short-term SHORT $TON
Entry Zone: 2.84 โ 2.88
SL: 3.02
Targets:
TP1: 2.65
TP2: 2.42
TP3: 2.18
Momentum is strong, but chasing longs here is risky. Waiting for a pullback or confirmation is the smarter move right now.
#TON #Toncoin #BinanceSquareTalks #DiscoverBinance #Binancefollower
$TON has exploded on the 4H timeframe with an extremely aggressive bullish rally, pushing more than 100% from the recent bottom. Price is trading far above MA7, MA25, and MA99, confirming strong bullish dominance and massive market attention.
But now the chart is entering a dangerous zone.
RSI is sitting near 99 showing extremely overheated momentum. The market is still bullish overall, but after such a vertical move, the risk of a sharp correction or liquidation wick becomes very high. Smart money often takes profits when retail starts FOMO buying near the top.
Trade Setup:
Short-term SHORT $TON
Entry Zone: 2.84 โ 2.88
SL: 3.02
Targets:
TP1: 2.65
TP2: 2.42
TP3: 2.18
Momentum is strong, but chasing longs here is risky. Waiting for a pullback or confirmation is the smarter move right now.
#TON #Toncoin #BinanceSquareTalks #DiscoverBinance #Binancefollower
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