#TON $TON TON Surges 22%, Eyes $4 Target
TON (The Open Network) has experienced a significant price surge, climbing 22% to its current trading price of $3.56. The asset reached a 24-hour high of $3.602, indicating strong bullish momentum.
Key Technical Levels:
* Resistance: A break above the $3.60 resistance level could trigger further upward movement.
* Support: The $2.90 support level is crucial for maintaining the current bullish trend.
Market Analysis:
* Trading volume has increased substantially, with 29.40 million TON traded in the last 24 hours, signifying strong market interest.
* The formation of consecutive bullish candles suggests sustained buying pressure.
* If TON can maintain a price above $3.50, a move towards the $4 target is increasingly likely.