Toncoin (TON) Primed for 40% Rally as Bullish Symmetrical Triangle Pattern Emerges
Toncoin (TON) is showing signs of a potential 40% price surge as analysts spot a symmetrical triangle pattern—a classic technical indicator signaling impending volatility. crypto expert Ali Martinez has identified this formation on the four-hour chart, suggesting that a breakout above the $3.28 resistance level could push TON toward the $4.27-$4.65 target range.
The token is currently consolidating between $3.10 and $3.28, reflecting a battle between buyers and sellers. A confirmed close above the upper trendline WOULD validate bullish momentum, while failure to hold the $3.10 support level risks a pullback to $1.80-$1.90. This technical setup coincides with a broader recovery in altcoin markets following recent sluggish performance.