Toncoin ($TON ) is currently around $2.90, and it dropped about 9% recently. So yeah, it’s been a bit rough short-term.

Support & Resistance:

Support levels (where price might stop falling): $2.93, $2.73, and $2.59.

Resistance levels (where price might struggle to go higher): $3.27, $3.41, and $3.61.

Should You Go Long or Short?

Right now, most indicators are bearish (about 83% say it's in a downtrend).

But there’s a bullish pattern forming (called a falling wedge), which usually means it might reverse and go up soon.

Also, a buy signal just appeared (based on something called the TD Sequential), suggesting that the price could bounce back.

Predictions:

In the next few days, it might climb to around $3.84.

By next month, some are saying it could even reach $5.95.

By the end of the year, some predictions go as high as $12+ — though that’s obviously more uncertain.

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Bottom line:

It’s bearish now, but it might turn bullish soon. If you're into short-term trading, watch for a breakout above $3.27. If you're in for the long run, this dip could be a buying opportunity — just be ready for some volatility.