$TON Searching for Support!

Market Overview:

• Current Price: $5.427 (-4.40%)

• 24H High: $5.674

• 24H Low: $5.290

• Volume: 8.97M TON

Technical Insights:

1. Moving Averages:

• MA(7): $5.373 (short-term support).

• MA(25): $5.478 (immediate resistance).

• MA(99): $5.428 (critical long-term indicator).

2. Recent Action:

• A sharp rejection from $5.832 led to a drop near $5.290.

• The price is currently testing resistance near the MA(25) while attempting a bounce off the 24H low.

3. Volume & Momentum:

• Significant buying volume at $5.290 suggests potential accumulation.

• RSI and MACD indicators (not shown here) should confirm momentum direction.

Key Levels to Watch:

• Upside Targets: $5.478 (MA25)

$5.65 $5.83.

• Downside Risk: A breakdown below $5.29 could expose $5.10.

TON bulls need to reclaim the $5.50 zone for momentum! Keep it on your radar. 📊

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