【$TON】Short selling, 4H breakdown/continuous capital outflow/rebound exhaustion

$TON 4-hour MACD bearish crossover below zero, price has broken below the EMA50 key support level, a clear signal of medium-term trend weakening. Although there is a weak rebound at the 1-hour level, buy-side depth is severely insufficient, with thick pending orders in the 1.239-1.240 zone above, forming natural resistance. Funding rates remain negative, indicating bearish market sentiment, with rebounds appearing more like short covering rather than active buying pressure.
🎯Direction: Short⚡Entry: 1.2360 - 1.2390🛑Stop Loss: 1.2458🚀Targets: 1.1997 / 1.1800🛡Strategy: Build positions in batches on rebounds to resistance zones, push to breakeven, zero-risk trading.

View Live Chart 👇 $TON
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