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Toncoin (TON) Eyes $1.60 as Technical Indicators Signal Bullish Reversal

Toncoin (TON) Eyes $1.60 as Technical Indicators Signal Bullish Reversal

Author:

Global Cryptocurrency

Published:

2026-02-08 02:34:08

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

Toncoin (TON) rebounded to $1.39 on February 7, marking a 2.25% daily gain after early volatility saw it dip below $1.36. Trading volume dipped 3.33% to $213 million, while its $3.42 billion market cap reflects sustained investor interest.

The token faces a critical test at the $1.42-$1.46 resistance zone, a level it recently lost as support. Analysts note that reclaiming this threshold could pave the way for a rally toward $1.60. Technicals show promise: the RSI's double bottom pattern and an impending MACD golden cross both suggest growing bullish momentum.

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