Toncoin (TON) Surges 4.1%, Technical Indicators Signal Further Upside Potential
The Open Network''s native token, Toncoin (TON), broke through key resistance levels with significant trading volume, outperforming the broader CoinDesk 20 index''s 3.7% gain. A clear uptrend pattern—marked by consecutively higher lows and highs—drove TON from $3.20 to $3.39 before settling at $3.35.
Market dynamics showed strong demand, with breakout volume reaching 5.77M TON and solid support holding at $3.27. The decisive MOVE above $3.33 resistance suggests room for further appreciation, though afternoon profit-taking caused brief volatility before prices stabilized.