Toncoin (TON) Tests Resistance at $2.90, Eyes $3.10 Breakout
Toncoin (TON) is currently trading at $2.76, demonstrating resilience despite a 2.91% weekly decline. The cryptocurrency recently tested $3.06, confirming strong buying interest near $2.70, but faces persistent resistance in the $2.85–$2.90 range.
Market dynamics show a tug-of-war between bulls and bears. A brief rally to $2.95 was quickly reversed by profit-taking, yet the $2.75 support level continues to hold. Technical indicators suggest potential for bullish momentum if key resistance levels are breached.
The token's ability to maintain stability amid broader market uncertainty highlights underlying strength. Traders are watching for a decisive MOVE above $3.10, which could signal the next leg up, while a breakdown below $2.70 may trigger further downside.
