Toncoin (TON) Enters Consolidation Phase: Critical Support and Resistance Levels to Monitor

Toncoin’s bullish momentum shows signs of cooling following its early May rally, with the cryptocurrency now trading at $3.29 as of May 13, 2025. Technical indicators suggest a period of consolidation, with traders eyeing critical support and resistance levels for directional cues.

The 4-hour chart reveals immediate support at $3.21, where the lower Bollinger Band converges with the 100-period SMA. Resistance looms at $3.38, followed by the recent high of $3.54. A decisive break either way could determine TON’s next trend.

Market dynamics show waning buying pressure, reflected in the RSI’s neutral reading of 47.64. The MACD’s flattening histogram confirms the loss of bullish steam. Traders await either a breakout above $3.54 or a breakdown below $3.10 for confirmation of the next major move.