TON stalling at overhead supply with bearish signals.
🔴 $TON - SHORT
Trade Plan:
Entry: 1.245 – 1.258
SL: 1.280
TP1: 1.210
TP2: 1.175
TP3: 1.140
TON has produced multiple failed attempts to sustain above the 1.258 resistance on the 4H chart, forming a clear lower-high structure at the 200-period EMA confluence, with RSI(14) remaining below 50 and showing consistent negative divergence. MACD continues its bearish crossover with the histogram deepening negative on thinning volume during rallies, while open interest grows toward short positions supported by slightly negative funding rates at -0.002%. The descending channel remains fully intact with price respecting the upper boundary precisely, confirming a technically solid short opportunity targeting the next measured demand zone.
Do you expect TON to retest lower supports shortly?
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Setup valid as of analysis time. Crypto moves fast — always verify live chart on Binance before entering. DYOR & manage risk!
$TON

TONUSDT

Безсрочно

1.3158

-1.16%