Toncoin (TON) Solidifies Key Support Zone at $2.01-$2.05 as Market Activity Intensifies

Toncoin's price action has established a crucial support zone between $2.01 and $2.05, where Glassnode data shows 1.32 billion TON tokens are concentrated—representing the largest investor cost basis cluster. This level now acts as a potential price floor, with holders expected to defend these positions against downward moves.

Additional liquidity clusters at $2.18-$2.22 (535M TON), $2.91-$2.98 (863M TON), and $3.83-$3.87 (261M TON) may serve as dynamic pivot points, shifting between support and resistance based on market conditions. The heatmap indicates these levels represent psychological thresholds where trading activity tends to concentrate.

The $2.01-$2.05 range has emerged as a particularly significant liquidity pool, capable of either absorbing sell pressure or catalyzing upward breakouts. Market participants are closely monitoring these value zones as potential springboards for future price discovery.