Usman Salis
Toncoin (TON) is showing signs of a potential breakout after days of consolidation. The price has climbed to a critical resistance area, sparking bullish interest as technical patterns suggest a possible reversal of the recent downtrend. Traders are now closely watching TON’s next move around the $3.23 level.
TON Price Tests Key Downtrend Resistance at $3.23
Toncoin (TON) is trading at $3.231, posting a +2.31% gain on the day. The price has reached a descending trendline that has previously capped upward moves. The current formation shows a bullish candle pushing right into that resistance zone.
With the sell price at $3.230 and buy price at $3.231, market pressure is tightening — suggesting growing momentum and increased interest in a breakout scenario.
Support at $2.607 Holds Strong as Buyers Step In
The lower boundary of recent price action sits at $2.607, which has acted as a strong support level. Buyers have consistently stepped in at this zone, preventing deeper pullbacks and maintaining a higher low structure.
If TON/USDT breaks decisively above the downtrend line, bulls could target the $3.50 area in the near term, as momentum and volume start aligning in favor of the upside.
Usman Salis
