Toncoin (TON) Primed for 40% Rally as Whale Activity Signals Bullish Breakout

Toncoin is exhibiting strong bullish signals as it maintains stability above the $2.83 support level. Market analysts anticipate a potential 40% price surge if TON breaches the key $3.00 resistance, driven by significant whale accumulation and positive technical indicators.

Glassnode data highlights concentrated supply clusters between $2.01 and $3.87, with a striking 863 million TON held in the $2.91-$2.98 range by a single entity. This level of accumulation typically precedes substantial price movements.

Technical analysis shows building momentum, with moving averages converging NEAR the current price of $2.89. The token's resilience in holding critical support levels despite market volatility demonstrates increasing investor confidence in TON's upward potential.