💥$TON is approaching a potential price explosion — Is the big pump starting?
The Toncoin currency is showing strong bullish signals in the medium term, with the price currently trading around $3.52, up over +3.8% daily.
Technical indicators like RSI and MACD indicate positive momentum, while the price approaches significant resistance at $3.70–$4.00.
📊 On the 4-hour timeframe, TON has emerged from a consolidation range, supported by a new indicator showing the start of an upward trend.
📈 The trading volume in futures reached $384 million, a record number that enhances the likelihood of continued movement.
🏦 Strong institutional support:
- Verb Technology announced a treasury strategy worth $558 million to buy TON, boosting long-term confidence
- Coinbase Ventures' entry as an investor in TON is a strong vote of confidence for the network's future
⚠️ Despite the momentum, caution is advised regarding market volatility.
A clear breakout above $4.00 could trigger a surge towards $5.00–$6.00
while a failure could bring the price back towards $3.15–$3.30.
📌 Summary:
Toncoin is at a critical technical and market moment. The big pump may be close, but confirming the breakout is key.
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