Toncoin has reached a strong support area around $1.50–$1.70, where buyers have previously stepped in multiple times. This is a key demand zone, and TON still maintains a broader bullish structure despite the deeper correction.
Technical view:
• Price is consolidating inside a demand zone — early signs of stabilization are visible.
• A breakout and close above $1.85–$1.90 may open the way toward $2.20–$2.50.
• My potential target range going into summer is $2.3–$2.5, assuming volume recovery and trend continuation.
• Invalidation: a move below the local support low.
Why the level is interesting:
For those with spare liquidity, this area offers a favorable risk-to-reward setup. TON is still trading far below its previous highs, leaving room for growth if market sentiment improves.
My view:
I like the $1.50–$1.70 zone as a long-term support. If TON holds this area and demand returns, a move toward $2.5 is realistic.
Not financial advice.
#Altcoins #TA $TON