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Toncoin (TON) Defends $1.50 Support, Analysts Target $2.00 Breakout

Toncoin (TON) Defends $1.50 Support, Analysts Target $2.00 Breakout

Author:

Global Cryptocurrency

Published:

2026-01-25 22:04:08

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[TRADE_PLUGIN]TONUSDT,TONUSDT[/TRADE_PLUGIN] Toncoin TON News -

Toncoin (TON) is weathering broader market pressures, trading at $1.50 with a modest 1.9% daily decline. The token's resilience at this level—despite a 13.2% weekly drop—signals strong institutional interest, as noted by crypto analyst Jonathan Carter. Rising volume at the $1.45-$1.50 demand zone suggests accumulation by smart money.

Technical patterns reveal a descending channel since mid-2025, with TON now stabilizing above the midline. A breakout could propel prices toward targets at $2.00, $2.35, and beyond, contingent on market strength. Analysts emphasize the significance of higher lows forming NEAR current levels—a classic bullish reversal signal.

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