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Toncoin (TON) Targets $3.60 Breakout Following Strong Rebound From Support
Toncoin (TON) Targets $3.60 Breakout Following Strong Rebound From Support
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[TRADE_PLUGIN]TONUSDT,TONUSDT[/TRADE_PLUGIN]
Toncoin TON News -
Toncoin (TON) has demonstrated a strong recovery after briefly testing the $2.73 support level, with technical indicators confirming sustained bullish momentum. The cryptocurrency is now consolidating within a tight range between $2.90 and $3.05, currently trading at $3.01. Market activity shows $229.07 million in 24-hour trading volume and a $7.43 billion market capitalization.
Earlier price action saw TON retreat from $3.05 to $2.73 as traders took profits, but bullish demand quickly re-emerged. The token easily reclaimed the $2.95 level, though approaching the psychological $3.00 mark has led to cautious trading behavior—evidenced by narrowing price candles and decreasing volume.
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