【$TON Signal】1H breakout and pullback, long positions hidden

$TON After a surge on the 1H timeframe, buying volume drops off, and the current price at 1.2517 is hugging the upper Bollinger Band. The 4-hour MACD histogram is still expanding, but momentum on the 1-hour chart is beginning to weaken, with RSI at 68.29 indicating short-term overbought conditions. The order book is experiencing frantic cancellations, with sell depth sharply increasing from 1.2525, showing clear selling pressure above.

🎯Direction: Wait and see (buy on pullback)

⚡Entry/Order: 1.2420 - 1.2440

🛑Stop Loss: 1.2370

🚀Target 1: 1.2540

🚀Target 2: 1.2580

🛡️Trade Management:
- Execution Strategy: Reduce half of the position after reaching Target 1, and move the remaining stop loss up to the entry price. If the price drops below 1.2440 and rebounds are weak, abandon this setup.

Keep position size stable, funding rate slightly positive, no obvious short squeeze or distribution pattern. The 1-hour EMA20 at 1.2421 provides dynamic support, forming a pullback buffer zone with the 4-hour midline at 1.2355. The current risk-reward ratio is poor; chasing the top aggressively could result in getting caught at a short-term peak. Be patient and wait for the price to pull back to the dense moving average zone before acting again. The orders below 1.2500 to 1.2512 are very thin, and slight selling pressure could quickly test the 1.2450 area.

Check real-time market 👇 $TON
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