【$TON Signal】1H pullback confirmation, setting up long positions to target rebound

$TON The 1H timeframe is supported near EMA20 (1.3008), with price oscillating within the 1.295-1.303 range, a typical pullback after a breakout confirmation. Although the 4H timeframe is still under pressure from EMA50 (1.3311), the 1H momentum has stabilized first, and with a negative funding rate (-0.0034%), the price remains resilient, hinting that a short squeeze may be brewing. Open interest remains stable, market logic suggests a price increase, combined with an order book imbalance (-22.70%), with selling pressure concentrated above 1.298. A breakout could trigger short covering.

🎯Direction: Long (Long)

🎯Entry/Order: 1.295 - 1.298 (Enter near current price)

🛑Stop Loss: 1.285 (Below previous low 1.2915 and 1H support)

🚀Target 1: 1.315 (Recent 4H high resistance)

🚀Target 2: 1.330 (Key resistance at 4H EMA50)

🛡️Trade Management:

- Position size suggestion: Light position (Reason: 4H trend has not fully turned bullish, only 1H structure confirmed, risk control needed).

- Execution strategy: When price reaches 1.315, reduce position by 50% to lock in profits, and move the remaining stop loss up to entry price 1.298. If price cannot hold above 1.305, consider exiting early.

Depth logic: The 1H RSI (48.16) is in a neutral to slightly bullish zone, with room to move higher. The order book shows dense buy orders in the 1.295-1.297 range, forming a short-term support wall. Although buy/sell ratio data is average, the price has not fallen despite a negative funding rate, and market logic indicates “price rising,” which is often a sign of major players defending the market or shorts being squeezed. The 1H EMA20 and EMA50 are nearly converged, indicating an imminent trend reversal, with a higher probability of upward movement.

View real-time quotes 👇 $TON

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