🔹 Pair: TON/USDT (Perpetual Contract)
🔹 Timeframe: 1H
🔹 Current Price: $3.6772 (-4.10%)
🔹 Market Sentiment: Bearish, but potential for reversal
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📊 Market Overview & Technical Analysis
Trend & Pattern Analysis
TON has been in a strong downtrend, continuously forming lower highs and lower lows.
A falling wedge pattern is forming, which is a potential bullish reversal signal, but confirmation is needed.
Price has broken below key Fibonacci levels (0.618 & 0.786), indicating weakness.
Volume is high, which suggests strong market activity—either continuation or a reversal is imminent.
Key Levels to Watch
📍 Support Zone (Buy Zone): $3.60 - $3.65 (Potential reversal area)
📍 Resistance Zone (Sell Zone): $3.75 - $3.80 (Previous Fibonacci level & possible rejection zone)
📍 Major Resistance Above: $3.90 - $4.00
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🔹 Trade Setups
1️⃣ Bullish Reversal Setup (Long Trade) – High-Risk, High-Reward
✅ Entry Zone: $3.68 - $3.72 (Wait for bullish confirmation like a strong green candle or breakout from the wedge)
🎯 Targets:
TP1: $3.80 (Fibonacci 0.786 level)
TP2: $3.90 (Previous resistance level)
TP3: $4.00 (Psychological resistance)
❌ Stop Loss: Below $3.58 (If the price closes below support, the setup is invalid)
📈 Risk/Reward Ratio: 1:2 or higher
🔹 Confirmation Signs for Long Entry:
✔️ Price bouncing off the $3.60 - $3.65 support range
✔️ Increase in bullish volume
✔️ Breakout of the falling wedge pattern
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2️⃣ Bearish Continuation Setup (Short Trade) – Trend-Following Play
✅ Entry Zone: $3.75 - $3.78 (Short at resistance rejection)
🎯 Targets:
TP1: $3.60 (Previous support)
TP2: $3.50 (Lower support level)
❌ Stop Loss: Above $3.85 (If price breaks resistance, the setup is invalid)
📉 Risk/Reward Ratio: 1:2 or higher
🔹 Confirmation Signs for Short Entry:
✔️ Price rejects $3.75 - $3.80 resistance
✔️ Weak buying volume at resistance
✔️ Formation of bearish candles (e.g., shooting star, engulfing)
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🔹 Risk Management & Strategy
🔹 Use trailing stop-loss to lock in profits when price moves in your favor.
🔹 Risk per trade: 1-2% of account balance (avoid overleveraging).
🔹 Wait for confirmation before entering trades—don’t rush in blindly.
📢 Conclusion:
Bullish if price holds support and breaks out of the falling wedge.
Bearish if resistance rejects price at $3.75-$3.80.
Trade smart, manage risk,
and wait for confirmations! 🚀
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