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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