Why the positive start to this new day? | $TON
1. Macro support from the crypto market: TON tends to follow the general momentum of altcoins when Bitcoin and Ethereum rebound, which seems to be happening today.
2. Healthy technical volatility: the buying volume is well balanced, avoiding explosive movements but supporting a gradual rise.
3. Ongoing institutional interest: TON is among the cryptocurrencies with the highest market capitalization and flow, reinforcing its relative stability against smaller tokens.
TON has started the day with a slight uptick, backed by liquidity, technical signals in neutral-bullish territory, and well-defended technical support.
If the positive momentum continues and breaks through the resistance at USD 3.35–3.40, it could aim for USD 3.50 or more.
However, if buying volume declines, we risk retracing to support levels at USD 3.12–3.20.