Toncoin (TON) Tests Critical Resistance, Eyes Upside Breakout

Toncoin (TON) is testing a crucial resistance zone between $3.55 and $3.65, with technical indicators pointing to potential further gains. The cryptocurrency is currently trading at $3.556 within a rising channel, supported by upward-sloping major exponential moving averages (EMAs)—a strong bullish signal.

A decisive breakout above $3.65 could push TON toward $3.75-$4.00, extending its recovery from August lows. The Relative Strength Index (RSI) at 63.20 suggests room for additional upside before entering overbought territory. Market structure reveals layered support between $3.297 and $3.459, where dip-buying interest may materialize.

On daily charts, Toncoin is approaching a high-liquidity zone near $3.64—a level that historically attracts breakout orders. The asset has consistently formed higher lows since June, reinforcing the technical validity of the current uptrend.