🚀📈 Toncoin Price to Benefit From 77% of TON Holders Maturing

🚨 Toncoin’s Downtrend
Toncoin (TON) price has struggled with a downtrend over the past four months, with several recovery attempts falling short. However, current market signals suggest a potential shift, as medium-term holders (MTH) appear to be influencing the price action, possibly marking a turning point.

📊 Growing Investor Confidence
Market sentiment for Toncoin shows signs of stability, with short-term holders (STH) gradually transitioning to medium-term holders (MTH). Over the last two months, MTH dominance grew by 32%, with 77% of TON addresses now holding for over a month. This shift reflects greater confidence and commitment, supporting price stability.

📈 Reduced Volatility
A larger portion of MTH can reduce volatility, as these holders are less reactive to minor price swings. This extended holding period could help create a steadier price foundation, improving Toncoin’s chances for sustained upward momentum.

🚀 Bullish Sentiment
Toncoin’s positive Funding Rate indicates that traders are betting on price gains. A positive rate shows traders paying a premium to maintain long positions, signaling optimism in TON’s potential rise. This bullish sentiment could further drive Toncoin’s efforts to break out of its downtrend.

🔍 Key Price Levels
Currently, TON trades at $4.91, aiming to establish $4.86 as solid support. Holding above this level is crucial to maintain upward momentum. Breaking above $5.37 would confirm a breakout, increasing the likelihood of a rally toward $6.00. However, a drop below $4.86 risks a slide to $4.61, potentially invalidating the bullish outlook.