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Toncoin (TON) Bulls Target $3.40 Resistance as Technical Indicators Show Strength
Toncoin (TON) Bulls Target $3.40 Resistance as Technical Indicators Show Strength
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[TRADE_PLUGIN]TONUSDT,TONUSDT[/TRADE_PLUGIN]
Toncoin TON News -
Toncoin (TON) is currently trading at $3.19, experiencing a slight 2.92% daily decline but maintaining strong bullish momentum. The cryptocurrency's ability to hold above crucial support levels indicates underlying strength, with technical indicators pointing upward. An RSI of 65.12 and positive MACD readings suggest increasing buying pressure.
Market activity remains technically driven during a quiet news cycle, allowing for organic price consolidation. The lack of negative catalysts during this period supports the sustainability of recent gains. Traders are now eyeing a potential breakout above the $3.35 resistance level, which could open the path to $3.40.
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