Toncoin (TON) has sprung back to life after defending crucial support at $3.12, with bulls now eyeing a breakout toward the $4 resistance level.
TON Price Bounces Strong From Critical Support
After testing $3.12 support, TON found strong buying interest and reclaimed its ascending trendline – exactly what bulls needed. The move fits within TON's upward channel since mid-June, with the $2.80-$3.10 demand zone providing solid support.
Currently trading around $3.47, market sentiment has clearly shifted. Bears hoping for deeper correction got rejected, while bulls are flexing their muscles again.
Can TON Price Break $4 Resistance?
The big question now – will Toncoin crack that stubborn $4 resistance? The setup looks promising with clean price action and healthy market structure.
TON shows all signs of a solid uptrend: rising highs, firm support levels, and genuine momentum. As one trader noted, the pullback "acted as fuel" for the rally. If TON punches through $4, we could see the start of something bigger, with the trend channel's upper boundary making it a natural target.
Trang này có thể chứa nội dung của bên thứ ba, được cung cấp chỉ nhằm mục đích thông tin (không phải là tuyên bố/bảo đảm) và không được coi là sự chứng thực cho quan điểm của Gate hoặc là lời khuyên về tài chính hoặc chuyên môn. Xem Tuyên bố từ chối trách nhiệm để biết chi tiết.
TON Price Eyes $4 Breakout After Sharp Bounce From Key Support Zone
Toncoin (TON) has sprung back to life after defending crucial support at $3.12, with bulls now eyeing a breakout toward the $4 resistance level.
TON Price Bounces Strong From Critical Support
After testing $3.12 support, TON found strong buying interest and reclaimed its ascending trendline – exactly what bulls needed. The move fits within TON's upward channel since mid-June, with the $2.80-$3.10 demand zone providing solid support.
Currently trading around $3.47, market sentiment has clearly shifted. Bears hoping for deeper correction got rejected, while bulls are flexing their muscles again.
Can TON Price Break $4 Resistance?
The big question now – will Toncoin crack that stubborn $4 resistance? The setup looks promising with clean price action and healthy market structure.
TON shows all signs of a solid uptrend: rising highs, firm support levels, and genuine momentum. As one trader noted, the pullback "acted as fuel" for the rally. If TON punches through $4, we could see the start of something bigger, with the trend channel's upper boundary making it a natural target.