Ton up to 3% after PABAGU -CHANGE of the session, establishing a new support level
Following a period of volatility in which prices sank between $ 2.72 and $ 2.93, a strong purchase appeared for Toncoin
At the lower level, according to the technical review model of Coindesk Research.
The coin has risen to 3% in the last 24 hours, underperforming the CoinDesk 20 – an index of the top 20 cryptocurrencies by market capitalization, excluding stablecoins, memecoins and exchange coins – which increased by 5.5% at the same time.
Technical analysis
• Price experienced a 7.59% swing between $ 2.72 low and $ 2.93 high in 24 hours.
• Strong purchase appeared with more than average quantity (4.08m), which established support of around $ 2.75.
• The stable uptlery formed with a peak of $ 2.93 before combining the $ 2.89- $ 2.91 range.
• Higher lows throughout the season indicate boosting bullish momentum.
• Resistance around $ 2.93 remains a major level for potential breakout.
• Small price correction, decline of 0.27% from $ 2.91 to $ 2.90.
• Significant downward volatility, reaching a session of less than $ 2.89.
• Sudden recovery with more than average volume (58k+), pushing prices above $ 2.91 moment.
• The final 15 minutes showed a combination between $ 2.90- $ 2.90, which established new short-term support.
• The level of $ 2.90 emerging as the main psychological support area.
Denial: Parts of this article were formed with assistance from AI tools and our editorial team reviewed to ensure accuracy and compliance with our standards. For more information, see CoinDesk’s entire AI policy.
