Analysis of currency $TON for trading on Binance
Overview
Currency $TON is the native currency of The Open Network, which started as a project from Telegram. After legal issues with the U.S. Securities and Exchange Commission, it was developed independently and officially launched in 2020. The currency reached its highest value at $8.25 in June 2024.
Technical Analysis
Current Price: Approximately $3.10 (May 15, 2025)
Resistance Levels: $3.60, $4.00, $4.70
Support Levels: $2.95, $2.80, $2.50
Currency Trend: Bearish in the short term, bullish in the medium and long term
Trading Recommendations
Entry Points:
Buy at support $2.95-$2.85 for short-term trading
Accumulate at $2.80-$2.50 for medium-term investment
Exit Points:
Partially sell at resistance $3.60-$4.00
Target $4.70-$5.00 for optimal profit
Set a stop-loss at $2.45
Similar Coins
The closest competitors to TON are Solana and Cardano in terms of technology and scalability.
Forecast
2025 Forecast: $5.50-$6.80 provided that integration with the Telegram app continues and the ecosystem expands.
Recommended Strategy: Divide your investment into 3 batches at the specified support levels to reduce risks and increase profit opportunities.
