Usman Salis
Toncoin (TON) has reached a pivotal moment as it challenges the $2.85 resistance zone that's capped previous rallies. Traders are watching to see if buyers have enough strength to push through this barrier and aim for the psychological $3 mark.
TON Chart Analysis: Testing Critical Resistance
Right now, TON is consolidating just under $2.85 - a level that lines up with a Fair Value Gap and imbalance zone where sellers have previously stepped in. Analyst Naveed pointed out that breaking through this resistance could launch TON toward the $3.00 milestone.
The chart shows resistance at $2.85, $3.00, and $3.10, while support holds around $2.75 with deeper backstops near $2.65–$2.62. After bouncing from a descending wedge pattern - typically a bullish signal - TON's current test of resistance carries added technical weight.
What's Driving the Move
Toncoin's integration with Telegram continues pulling in new users and adding demand pressure. The repeated attempts to crack $2.85 suggest sellers are losing grip, and the price is now sitting where old supply zones could flip into support. This technical setup, combined with growing ecosystem activity, creates conditions for a potential breakout.
What Comes Next
A clean break above $2.85 puts $3.00 in play almost immediately, with $3.10 as the next stop. But if bulls can't push through, expect a pullback toward $2.70–$2.65 where stronger support waits. The next few sessions will likely decide whether TON continues its climb or needs another consolidation phase before making another attempt at higher levels.
Usman Salis
