One of the coins I am holding is $TON

Toncoin (TON) is the native cryptocurrency of The Open Network (TON), a fast, scalable, and low-cost blockchain originally developed by Telegram. Designed for seamless transactions and deep integration with Telegram’s 900M+ users, TON stands out as a promising player.

Use Cases:
1. Payments & Micropayments with near-zero fees.
2. Staking for rewards and network security.
3. dApps & Smart Contracts development.
4. NFTs & Gaming on a scalable blockchain.
5. Cross-Border Transactions with lower costs.

This is a full analysis on Ton sharing reasons why it need the attention 😊📌

Monthly 📌

Here is the chart 📈 of Ton coin on high time frame ⬆️
Base on psychological market structure this structure is a signal of a good market 📌😊
🟡Let break it down

Pavel Durov, the founder and CEO of Telegram, was arrested on August 24, 2024, at Le Bourget Airport near Paris, France.  French authorities detained him upon arrival, citing an investigation into alleged criminal activities facilitated through the Telegram platform☑️🔼⬆️

Impact on Ton coin

From my screen you can see by then Ton coin was trading at 7$ exactly when he was arrested on August

Big players used the opportunity to start taking profit of the overall bullish trend

Now that he has been released partially
A new cycle is about to begin 📌😊,in my previous articles I have mentioned that wales and big players always find a reason to buy and sell the market
It is always indirect 😊 only experience traders see it

By the end of the year I see $TON coin trading at 12.5$-13$ base on current information and analysis


The coin is trading in a cycle 🔼 if you will observe the chart clearly you will notice rally begin late 2023 at 0.8$ then until 2024 it peaked at 8.2$ area where big players were looking for a reason to take profit 😊☑️

Now the new cycle is yet to begin 📌
Let break the chart down to daily

On the daily timeframe, the coin bounced from a strong demand area before the news started circulating. That zone was indeed a key demand level, and as usual, we could see either a market continuation or a retest before a bullish move.
What matters most is that investors reading this article understand the current market dynamics and make informed decisions accordingly.
This is my analysis ❤️😊 just as usual,you decide yourself 👍☑️ base on information provided.
I am not in a position to tell you to buy or sell that is why I share detail analysis to my followers..you decide based on what you think is right.
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