The Toncoin (TON) currency continues to attract the attention of investors in recent hours, amid technical indicators hinting at a potential short-term upward opportunity, supported by price stability at key support areas and relative stability in momentum indicators.
📊 Price data (over the last 24 hours):
Current price: $2.77
Highest price: $2.79
Lowest price: $2.71
Trading volume: 149.12 million dollars
Daily change: +0.59%
Liquidity to market cap ratio: ≈2.13%
📈 Technical analysis:
The moving averages show a strong convergence between MA20 at 2.74 and MA50 at 2.78, which enhances the likelihood of forming a positive rebound zone.
RSI (14) at level 56.4 shows an upward bias without reaching overbought territory.
The MACD indicator is still in slight negative territory at -0.003, indicating that the price needs to confirm a new positive crossover.
ADX at 41.4 indicates the presence of underlying trend strength waiting for a clear break.
🧭 Daily support and resistance levels:
Main support: 2.74 – 2.76
Major resistance: 2.90 – 3.00
Potential rebound zone: 2.75
Pivot point: 2.78
🎯 Expected scenario:
If the price breaks the 2.80 – 2.82 level with a daily bullish close and increasing trading volume, we might see a wave of rise towards 3.00 as the first target, and 3.30 as a second ambitious target.
In case of a correction, stability above 2.74 keeps the bullish trend highly probable.
🛡️ Suggested stop loss:
Below 2.68 USDT to avoid risks when breaking technical support.
🔍 Summary:
The TON coin shows a balance between momentum and direction with indicators gradually leaning toward the positive. Continuing to hold above the 2.75 level, along with increasing trading volume, could be an early signal for a new bullish breakout.
Sticking to capital management remains the key to success at this stage, while monitoring any daily close above 2.80 to confirm the trend.
