Toncoin (TON) Shows Bullish Signals with Potential 40% Upside as Technical Pattern Emerges
Toncoin''s price action has formed a textbook symmetrical triangle, with resistance at $3.50 and support at $2.90 defining the consolidation range. Market technicians anticipate a decisive breakout could propel TON by 40%, mirroring the pattern''s measured MOVE target.
The blockchain''s fundamentals strengthen its technical case, having recently surpassed established platforms in daily NFT trading volume. Telegram''s integration of Collectible Gifts continues driving organic adoption, creating a flywheel effect for the ecosystem.
Currently trading at $3.30 with $282 million in daily volume, TON has gained 3.57% amid building momentum. Analysts note the convergence of bullish technicals and growing utility creates an asymmetric opportunity for traders.
