$TON
Short Trade Setup for TON/USDT:
Entry Point:
Since TON is currently at 5.439 USDT, you could look for an entry point near the current price or slightly higher, perhaps around 5.450 USDT or above, depending on how the price moves in the short term.
Stop Loss:
To protect yourself in case the market moves against you, place a stop-loss order above the recent high around 5.466 USDT. This would limit your loss in case of a price reversal.
Take Profit Target:
For a short trade, you’d want to exit at a lower price. You can target the 24h low of 5.408 USDT as a possible take-profit target, or you could aim for further downside depending on market conditions.
Risk/Reward:
Risk: The distance between your entry (5.450 USDT) and stop-loss (5.470 USDT) is 0.02 USDT.Reward: The potential profit between your entry and the target (5.408 USDT) is 0.04 USDT.You might aim for a 2:1 reward-to-risk ratio for better profitability.