Toncoin (TON) Holds Critical $3.10 Support as Bulls Eye $4.84 Target
Toncoin (TON) has maintained stability above the crucial $3.10 support level despite recent market fluctuations, indicating potential accumulation by bullish traders. The altcoin's resilience at this threshold suggests a solid foundation for upward movement, with technical indicators pointing to renewed buying interest.
Trading volume remains strong, with the $3.30–$3.50 range establishing itself as a key demand zone. Sustained trading above these levels could set the stage for testing $3.67 and eventually the $3.89–$4.21 resistance cluster. Market participants are now targeting $4.84 as the next major objective if bullish momentum accelerates.
The Relative Strength Index (RSI) currently shows neutral conditions, avoiding both overbought and oversold extremes. This balanced technical setup allows for potential consolidation or breakout scenarios in the NEAR term.