$TON

📈 Price Analysis of Toncoin (TON) for March 5, 2025 📉

🔍 Overview:

• Current Resistance: $3.14

• Current Support: $2.74

💡 Important Notes:

• Technical indicators suggest that Toncoin (TON) may face further decline towards the support level at $2.74 if the current selling pressure continues. However, approaching the oversold zone (RSI) may contribute to an upward rebound attempt, especially if the coin can surpass the $3.14 level, which could open the door towards $4 levels.

📊 Technical Indicators:

• Relative Strength Index (RSI): Approaching the oversold zone, which may indicate an opportunity for an upward rebound.

📉 Market Forecast:

• If the negative momentum continues, the price of TON may break the current support level at $2.74, which could drive it down towards lower support levels.

• Conversely, if buyers regain control and the price manages to exceed $3.14, it may attempt to reach the $4 level.

🚀 Investor Advice:

• Please monitor the mentioned support and resistance levels, and pay attention to the current technical indicators before making any investment decisions.

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