Toncoin (TON) Shows Strength at Key Support Level as Bullish Signals Emerge
Toncoin (TON) is holding steady NEAR the crucial $3.09 support level despite a 2.43% daily drop, with technical indicators pointing to growing bullish momentum. The MACD histogram shows a positive reading of 0.0042, while the RSI remains neutral at 51.32—a classic consolidation pattern that often precedes potential breakouts.
Current market activity reflects broader uncertainty in the crypto sector rather than TON-specific developments. With no major fundamental catalysts, price action is following technical patterns, oscillating between established support and resistance levels. Traders appear to be taking advantage of this technical setup, as the MACD's divergence from price suggests underlying strength.