TON falls to $3.10 — buy or wait further? Forecast until the end of May
Toncoin is under pressure again: since the beginning of May, the price has dropped from $4.20 to $3.10. But for attentive traders, this could be an opportunity
Why is TON falling?
Overall correction of the altcoin market
Taking profits after spring growth
Lack of fresh news from Telegram and TON Foundation
Where is the support and when to expect a reversal?
Strong support: $2.90–3.00
Growth zones upon reversal: $3.40 → $3.80 → $4.20
RSI indicates oversold conditions
Increase in spot volumes = interest from major players
Tips for spot traders:
1. Consider partial purchase from $3.00
2. Split the entry: 50% now, the rest at $2.80
3. Stop-loss — below $2.90
4. Keep an eye on news from TON and Telegram
Forecast until the end of May:
Base target: $3.60–3.80
With a strong impulse: $4.20+
Bearish scenario: a pullback to $2.60–2.80 and consolidation
Conclusion: the current zone is interesting for entry. Don’t catch the falling knife, but look at the market with a cool head.
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