【$TON Signal】Pullback on Long + 1H Oversold Rebound Play

The 1H timeframe has entered an oversold zone after a sharp decline, with the price forming a short-term low around 1.2226 and beginning to consolidate sideways. The 1H RSI has fallen to 33.29, indicating a technical rebound is needed. Although the 4H trend is still downward, the latest 4H candlestick shows a long lower shadow, and open interest remains stable, suggesting selling pressure may temporarily weaken and bearish momentum is diminishing. Currently, the price is fluctuating narrowly around 1.234, with bid-ask depth (bid_ask_ratio_depth: 2.12) significantly better than the sell side, providing microstructural support for a rebound.

🎯 Direction: Long $TON Long(

⚡ Entry/Order: 1.2330 - 1.2360

🛑 Stop Loss: 1.2220

🚀 Target 1: 1.2550

🚀 Target 2: 1.2680

🛡️ Trading Management:

- Execution Strategy: After reaching Target 1, take profit on 50% of the position, and move the stop loss of the remaining position to the entry price (break-even). If the price strongly breaks through 1.2550 and stabilizes, move the remaining stop loss up to 1.2450 to continue aiming for Target 2.

) Depth Logic: The price has declined sharply on the 4H level, but open interest remains stable, indicating it is not mainly institutional selling but rather a liquidation of long leverage. The 1H RSI is in the oversold zone, and the latest 1-hour candlestick shows buy volume ratio rebounding to 0.55, indicating some funds are attempting to bottom fish. The order book depth imbalance reaches 35.81%, with significant buy orders below, limiting short-term downside. Coupled with negative funding rates, there is a potential for a short squeeze(.(

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