Here’s a short (sell) entry idea for
$TON /USDT (Perpetual)
🔻 TON/USDT Short Trade Setup
📉 Short Entry Zone:
$3.73 – $3.76
> Close to 24h high (3.7484) and resistance level (3.7631), where price is currently testing upper bounds.
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🛑 Stop-Loss:
$3.80
> Slightly above the local high to protect from a fake breakout.
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🎯 Targets:
Target 1: $3.63 (near recent support and MA zone)
Target 2: $3.56 – $3.51 (deeper support, shown in order book)
Aggressive Target: $3.45 or lower if market weakens.
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🔍 Trade Rationale:
Price rejection near $3.75, with Mark Price ($3.6578) lagging behind = potential overextension.
Bearish RSI divergence and volume thinning after a pump are classic short signals.
MA(10) > MA(5) = weakening short-term momentum.
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📊 Suggested Confirmation:
On 15m or 1h chart, wait for:
Bearish engulfing candle
Long upper wick rejection
Volume spike with price stall
Let me know if you want a visual chart, leverage suggestion, or hedging strategy!
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