Toncoin (TON) at Critical Juncture: $3.70 Target in Sight Amid Key Resistance Test
Toncoin (TON) is currently trading at $3.37, marking a 2.77% daily decline as it faces a decisive moment. Analysts present mixed outlooks, with bullish targets eyeing $3.70 while bearish scenarios could test the $3.14 support level. The $3.55-$3.70 range stands out as a crucial resistance zone, reinforced by Fibonacci retracement levels.
Market sentiment leans cautiously optimistic, though price predictions vary widely from $2.61 to $8.00. While technical indicators hint at potential upside, TON's near-term movement will largely depend on broader market conditions—determining whether the cryptocurrency breaks through resistance or pulls back.