Will TON continue to rise? | $TON
Favorable factors
1. Positive technical momentum: The intraday rebound and its stable behavior indicate that it could continue to rise in the short term if it maintains the momentum.
2. Support at key levels: If TON manages to surpass or stay above its recent resistance near $3.34–3.40, it could target levels such as $3.57 and even up to $4.20 according to some technical analyses.
Risks to consider
1. Recent bearish strength: The weekly pullback suggests persistent selling pressure. A new advance needs to overcome that barrier.
2. Volatility of the crypto environment: The dynamics of the crypto market are volatile, and TON could react to news, movements in BTC, and regulatory decisions.
General Summary
Is it rising today?: Yes, TON/USDC shows a modest rebound on the day, reflected in 1–2% growth.
Could it continue to rise?: It is possible, especially if it retains strength, breaks through immediate resistances, and market sentiment improves. The technical targets to watch would be $3.57 and $4.20 as potential areas of interest if momentum consolidates.
But... the weekly pullback and the volatile environment require caution.