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BTCC / BTCC Square / Global Cryptocurrency /
Toncoin (TON) Faces Critical $3.50 Resistance Amid Bullish Pennant Formation

Toncoin (TON) Faces Critical $3.50 Resistance Amid Bullish Pennant Formation

Author:
Global Cryptocurrency
Published:
2025-05-15 08:06:13
6
2
[TRADE_PLUGIN]TONUSDT,TONUSDT[/TRADE_PLUGIN]
Toncoin TON News -

Toncoin (TON) is consolidating within a bullish pennant pattern following a three-day rally that commenced on May 8. The altcoin is now testing the crucial $3.50 resistance level, with a potential breakout possibly driving it toward a $999K liquidation cluster at $3.66.

Market momentum shows signs of exhaustion as TON struggles to decisively break through the $3.50 barrier. However, heightened whale activity has fueled Optimism among traders, indicating underlying strength despite short-term hesitation.

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