$TON Trade Setup: TON/USDT (1-Hour Timeframe)
Strategy: Bullish RSI Divergence
Order Type: Buy Limit / Buy Market (depending on current price action at the trigger zone)
Technical Rationale
Timeframe: 1-Hour (H1)
Market Structure: The price has been making lower lows, indicating a short-term bearish trend.
Indicator (RSI - 14): While the price action printed a lower low, the Relative Strength Index (RSI) formed a higher low in the oversold territory (below 30). This creates a Classic Bullish Divergence, signaling that the downward momentum is fading and a bullish reversal is highly probable.
TP 2.04
Strategy: Bullish RSI Divergence
Order Type: Buy Limit / Buy Market (depending on current price action at the trigger zone)
Technical Rationale
Timeframe: 1-Hour (H1)
Market Structure: The price has been making lower lows, indicating a short-term bearish trend.
Indicator (RSI - 14): While the price action printed a lower low, the Relative Strength Index (RSI) formed a higher low in the oversold territory (below 30). This creates a Classic Bullish Divergence, signaling that the downward momentum is fading and a bullish reversal is highly probable.
TP 2.04