Toncoin recently experienced a “free fall” decline of 7%, plunging into the key support area of $3.20. Interestingly, this position is not randomly chosen — it is known in the market as the “demand zone,” meaning that buying pressure might be on the way!
Technical indicators are also starting to look friendly: MACD and RSI, these two “technical veterans,” are quietly telling us — selling pressure is weakening, could a trend change be on the way?
Even more exciting, Verb Technology is preparing to invest $558 million into TON for a “brand overhaul,” rebranding and injecting capital for activities, set for August 7th. If this operation goes smoothly, TON might really take off!