$TON Signal】1H Triangle Convergence Ending, Awaiting Breakout Direction



$TON The 1H timeframe is at a clear triangle convergence end, with prices oscillating within the 1.470-1.483 range. Volatility continues to contract, indicating an imminent directional breakout. The 4H timeframe is still in a corrective structure from the recent high of 1.498, but open interest (OI) remains stable with no signs of panic outflows, suggesting that the main players have not exited the market. Currently, the 1H RSI (48.09) is in a neutral zone, building energy for a potential reversal. Market depth shows sell orders accumulating around 1.476-1.477, which is the first line of defense for the bulls to overcome.

🎯 Direction: Watch and wait (Pending order breakout)

⚡ Trigger condition: Price must clearly break above the upper boundary of the converging triangle to confirm bullish momentum return.

🎯 Entry/Order: Go long after breaking 1.4830 (Reason: 1H triangle upper boundary breakout confirms the start of a short-term upward trend)

🛑 Stop-loss: 1.4740 (Reason: Break below the triangle lower boundary and recent dense trading zone lows, invalidating the structure)

🚀 Target 1: 1.4950 (Reason: Previous high resistance and 4H EMA20 pressure level)

🚀 Target 2: 1.5050 (Reason: 1.618 Fibonacci extension level)

🛡️ Trading management:

- Position suggestion: Light position (Reason: Direction is unclear, breakout validity needs confirmation, high-risk game)

- Execution strategy: After order fill, if the price quickly rises and stabilizes above 1.4880, move stop-loss to entry price. Upon reaching Target 1, reduce position by 50%, and move remaining stop-loss to 1.4880 to aim for Target 2.

Depth logic: Market logic indicates “price drops but OI remains stable,” ruling out large-scale liquidation by major players. It appears more like bull trap or bear probing. The 1H EMA20 (1.4799) is entangled with the current price, serving as a short-term bull-bear dividing line. Once volume breaks through 1.4830, it will attract cautious funds to enter, forming a short squeeze scenario. Market imbalance of -15.17% shows slightly heavier selling pressure, but large buy orders still have depth, requiring volume to confirm the breakout.

Trade here 👇 $TON

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