TON: Summary of Binance Killers Community Discussion (11:00:11 ~ 12:00:11)

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1. Current recommendation: A wait-and-see approach with a slight bias short. TON remains within a downtrend channel, and the recent rebound failed to break through the upper channel line. The structure still leans towards lower highs, and the current rebound is considered a correction rather than a trend reversal; therefore, chasing the rally is not recommended. Wait for a clear signal of a breakout above the upper channel line to avoid the risk of "overextending the rally." 2. Position and Risk Management Recommendations: It is recommended to use a small position to try shorting or remain on the sidelines, avoiding heavy positions. A stop-loss order can be placed near the upper channel line. If the price breaks through and holds above the upper channel line, consider adding to the long. In the short term, pay attention to channel resistance and support levels, strictly control position size, and prevent being caught in false breakouts and market manipulation. 3. Suitable for aggressive short-term or swing trading, quick in and out, be wary of rebounds as potential exit points, and avoid holding positions for too long. Currently, there are no clear catalysts supporting a trend reversal; conservative investors are advised to wait and see for clear trend confirmation.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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