Toncoin (TON) Shows Volatility Amid Global Economic Uncertainty
Toncoin’s (TON) price action demonstrated the crypto market’s reactivity to macroeconomic factors, fluctuating between $3.22 and $3.47 within a 24-hour period. Early gains were erased by a 6.2% pullback from daily highs as global trade tensions dampened market sentiment.
The session established key technical levels, with sellers firmly controlling the $3.44-$3.47 resistance range and buyers stepping in NEAR $3.22 support. While late-day recovery attempts were noted, trading volume patterns indicate continued downward potential.
Market sentiment appears split regarding TON’s short-term trajectory. The final push above $3.27 shows remaining demand, but repeated high-volume rejections at higher levels confirm ongoing selling pressure.