$TON USDT: Short Trade Opportunity!🔥💯
Market Overview:
TONUSDT is currently trading within a descending price channel, signaling potential bearish momentum. Key levels highlight a possible short-term move to capitalize on the ongoing trend.
Trade Setup:
• Entry: $4.90 (on breakdown of support)
• Take Profit (TP):
1. TP1: $4.75 (near-term support)
2. TP2: $4.60 (channel bottom)
• Stop Loss (SL): $5.05 (above recent resistance)
Risk-Reward:
This setup offers a favorable risk-to-reward ratio of 1:3 if TP2 is achieved. Adjust stop-loss to breakeven once TP1 is reached.
Key Insights:
• Monitor price action closely near the $4.85–$4.90 zone for confirmation.
• A breakdown below $4.90 could accelerate selling pressure.
• Stay cautious; high volatility expected near TP levels.
