Toncoin (Ton) has quietly constructed strength and defended the $ 2.80 – $ 2.95 support zone with remarkable consistency. After weeks of consolidation, the recent break has caught the attention of the traders over a falling trendline by pointing a possible shift in Momentum. If Ton coils just above this key structure, the stage can be set for an outbreak – one that can ignite a new upward heading if bullish continues to build pressure.
Buyers defend the most important levels on the graph
In a recent after On X pointed Alts King that Ton shows remarkable power because it is retained above the $ 2.80 – $ 2.95 support zone. This range has been acting as a reliable floor for several weeks, where buyers consistently intervene to defend it.
Moreover, Alts King also noted that a falling trendline, which has long limited Ton’s price action, has now been broken. This technical outbreak can mark the early stages of a trend removal and open the door for a more sustainable bullish.
Looking ahead, Alts King believes that if the support zone continues, Ton may set up for a potential rally to the level of $ 6.87. To validate this bullish thesis, Alts King recommends looking at the formation of higher highlights and higher lows on shorter timetables. These structural patterns are important indicators for healthy upward movement and would confirm growing trust in market participants if Ton tries to shift from his consolidation phase.
Resistance zones that can test Ton Momentum up to $ 6.87
While Ton starts to show signs of renewed strength, the path to the goal of $ 6.87 is not without resistance. One of the first major obstacles is around $ 3.04, a support level changed to resistance during the last sale. Price promotion Near this reach has already shown hesitation in the past, making it a critical level for bulls to reclaim convincingly.
Moreover, the level of $ 4.54 could serve as the next challenge. This zone corresponds to earlier swinghighs and consolidations that are seen on the daily map, where Ton was previously rejected before he resumed downward movement. Breaking this level would require a strong volume and confirmation, especially since traders can want to make a profit of lower entries near the $ 2.80 support basis.
Finally, before Ton can reach the expected resistance of $ 6.87, it has to free up the psychological barrier about $ 6.00, which also coincides with a rounded top structure observed during an earlier rally. This level can take the sales pressure from traders in the short term who want to win. Only with persistent Bullish Momentum and the formation of higher highlights can these layers of resistance, however, build tones and a real case for a breakout above $ 6.87.