Toncoin (TON) Breaks $3.10 Resistance, Targets $3.59 EMA as Bulls Charge Ahead
Toncoin (TON) has shown impressive momentum, surging 11% over the past week to surpass the $3.10 resistance level. The cryptocurrency now trades at $3.12, with intraday gains topping 5%. Its market cap sits at $7.72 billion, backed by $248 million in 24-hour trading volume.
Technical indicators confirm a strong uptrend, with TON establishing consistent higher lows since its rebound from sub-$2.80 levels. After consolidating between $2.95-$3.05, the token achieved a decisive breakout accompanied by rising volume—a clear signal of growing market interest.
The next major resistance appears at the 200-day EMA of $3.59. With bullish momentum indicators and sustained support above $3.10, traders anticipate a potential test of this key technical level in the NEAR term.
