#Gate蓝龙虾重磅上线 【$TON Signal】Pullback to go long! 1H RSI bottom divergence, clear signs of main force supporting the market

$TON The 1H timeframe is currently oscillating above a critical support zone (1.29-1.292). RSI shows bottom divergence signals, indicating price decline but waning momentum. Although the 4H timeframe is in a downward oscillation channel, open interest remains stable with no signs of panic selling. Coupled with negative funding rates, there is a potential rebound from short covering. The current price is far from the 1H EMA20, so chasing highs is not advisable. Be patient and wait for a pullback to the optimal entry zone.

🎯Direction: Long (pullback limit order)

⚡Entry/Limit Order: 1.2897 - 1.2924

🛑Stop Loss: 1.2674

🚀Target 1: 1.3921

🚀Target 2: 1.4420

🛡️Trade Management:

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price. Trail the remaining position for profit-taking; if the price falls back to the entry level, exit automatically to protect capital.

Deep Logic: Although the price has declined, open interest remains stable, suggesting it is not a full-scale liquidation by major players and may be a shakeout. The buy depth around 1.30 on the 1-hour chart is solid, forming initial support. The 1H RSI has rebounded from lows, indicating weakening bearish momentum. In a negative funding rate environment, if the price stabilizes, a quick short covering rebound is highly likely.

View real-time market 👇 $TON

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