【$TON Signal】Pullback to buy! 4H support + negative funding rate, clear signs of main force defending the market

$TON The 1H timeframe is oscillating around a critical support zone (1.195-1.208), building a bottom, while the 4H level is testing previous low support. The price is declining but open interest (OI) remains stable, and the funding rate is negative. This is a typical precursor to a short squeeze, with clear signs of main force defending the market. The order book shows selling pressure concentrated above 1.21; a breakout could trigger short covering.

🎯Direction: Long (Long)

⚡Entry/Order: 1.1957 - 1.2078

🛑Stop Loss: 1.1850

🚀Target 1: 1.2300

🚀Target 2: 1.2450

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. Hold the remaining position to aim for Target 2; if the price falls below the trailing stop, exit all positions.

(Depth Logic: The current price has reached a key support zone on the 4H level (around 1.20), and the RSI(14) is at 36.39, approaching oversold conditions. Market logic indicates that while the price is falling, OI remains stable, suggesting it’s not main force unloading but rather a short squeeze or shakeout. The order book depth is imbalanced at -1.60%, with sparse sell orders, which favors a rebound. In a negative funding rate environment, if the price stabilizes, it can easily trigger a short squeeze. )

View real-time quotes 👇 $TON

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