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Toncoin (TON) Surges Toward $6.93 as Bullish Momentum Builds
Toncoin (TON) Surges Toward $6.93 as Bullish Momentum Builds
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[TRADE_PLUGIN]TONUSDT,TONUSDT[/TRADE_PLUGIN]
Toncoin TON News -
Toncoin has broken out of a weeks-long consolidation phase, supported by a significant surge in derivatives volume and bullish technical indicators. Futures volume increased by 19.49% to $634.98 million, while open interest rose 12.05%, indicating Leveraged long positioning. The RSI at 65.78 and MACD both confirm upward momentum without entering overbought territory.
Catalysts from Telegram's ecosystem and favorable chart patterns suggest a potential rally toward $3.61, with traders targeting $6.93 as the next macro resistance. The market structure resembles a classic bull flag breakout, with former resistance levels now acting as support.
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