Toncoin breaks above descending trendline, reclaiming 20-week EMA and setting up a test of $4.50 resistance.
Volume and structure suggest bullish continuation if $TON holds above $3.20 in the coming sessions.
Weekly chart signals trend reversal after multiple retests of $2.80–$3.20 support, with momentum building steadily.
Toncoin ($TON) is exhibiting fresh signs of momentum as it breaks above a descending trendline and reclaims key moving averages. Weekly price action points toward a potential trend reversal, with renewed buying strength now pushing the asset toward overhead resistance zones.
Toncoin breaks trendline as $TON targets $4.50 resistance
Toncoin has broken decisively above a descending trendline, suggesting that its extended corrective phase may be ending. Price action now shows early evidence of trend reversal, supported by weekly candles closing on increasing volume.
The current structure places $TON above the 20-week EMA ($3.28), with price now approaching the 50-week SMA at $4.26. This technical posture reflects improved sentiment and market participation. The $3.20 level remains a pivotal structural support, tested and defended repeatedly throughout 2025.
$TON price action signals renewed strength and trend continuation
Alpha Crypto Signal noted on Twitter, “$TON is moving nicely… showing early signs of strength.” This aligns with chart evidence pointing to growing momentum. Since bouncing near $2.60, price has trended upward with bullish candles and wider spreads.
Volume behavior also reflects increased buyer conviction. The recent bullish engulfing candle and steady rise in trading activity reinforce the likelihood of continuation. Price must now clear the $4.00–$4.50 resistance zone with strength to confirm a sustainable move higher.
Market structure turns favorable with support and moving averages reclaimed
Toncoin is trading within a key horizontal support band of $2.80–$3.20, which has acted as a floor across multiple retests. Reclaiming this zone provides structural confidence for market participants awaiting confirmation.
A loss of more than $3.20 would provide a challenge to the bullish outlook, which may suggest a false breakout. However, so long as the price of $TON stays strong above the current price, as well as breaking through 4.50, then the next price of 6.00 is still possible.
