$TON /USDT has shown relatively stable price action over the past 24 hours, with only a modest gain of 0.24%. The price is currently trading near 3.411 USDT, slightly below key moving averages (MA 7, MA 25, and MA 99), which are clustered between 3.418 and 3.452 USDT. This tight range indicates that the market is in a consolidation phase, with traders waiting for a decisive breakout. The 24-hour high of 3.513 USDT represents the immediate upside target, while the low of 3.324 USDT serves as strong short-term support. The narrow gap between these levels suggests a potential squeeze, where either buyers or sellers could take control depending on upcoming market momentum.
Trading volume remains solid, with 8.66M TON exchanged in the past 24 hours, paired with 29.66M USDT in liquidity, highlighting active participation from both sides of the market. This level of activity can fuel rapid price swings once the current consolidation ends. For bullish traders, a clean break above the 3.452 USDT resistance zone could open the door for a retest of the 3.50+ range, while bearish traders might watch for a slip below 3.324 USDT to trigger further downside. Overall, TON is positioned at a decision point, and the next few sessions may determine whether the market shifts into a new uptrend or tests lower price zones.
