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Toncoin (TON) Navigates Key Levels as Market Sentiment Remains Divided

Toncoin (TON) Navigates Key Levels as Market Sentiment Remains Divided

Published:
2025-08-09 14:25:33
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[TRADE_PLUGIN]TONUSDT,TONUSDT[/TRADE_PLUGIN]
Toncoin TON News -

Toncoin (TON) gained 1.33% to $3.39 despite a 27.69% drop in trading volume, indicating cautious market activity. The cryptocurrency is currently caught between bullish technical indicators and bearish volume trends.

Weekly performance shows a 5.06% decline, highlighting the asset's volatility. Analysts point out that while the RSI shows a bullish reading of 59.41, MACD signals suggest weakening momentum, creating mixed signals for traders.

CryptoPulse reports that Toncoin is testing the $3.34 pivot point without clear directional conviction. The next move appears binary: either a breakout toward resistance levels at $3.89-$5.10 or a retreat below the $2.80 support level.

|Square

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