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Toncoin (TON) Breaks Key Resistance, Eyes $5.16 Target Amid Bullish Momentum
Toncoin (TON) Breaks Key Resistance, Eyes $5.16 Target Amid Bullish Momentum
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[TRADE_PLUGIN]TONUSDT,TONUSDT[/TRADE_PLUGIN]
Toncoin TON News -
Toncoin (TON) has surged past a critical descending trendline that had limited its growth since mid-2024, signaling a potential shift in market sentiment. The breakout, now retesting former resistance as support, suggests bullish momentum may be building.
Currently trading at $3.33 with a 2.34% daily dip, TON has still gained 5.62% over the past week. Its $8.3 billion market cap and $1 billion daily volume reflect sustained investor interest. Analysts view the technical setup as primed for further upside, with $5.16 emerging as a key target.
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