Toncoin Price Forecast Hints a Risk of 25% Fall Amid Emerging Double Top Pattern
Toncoin Price Forecast: Explore Toncoin's recent surge and potential challenges as it faces resistance at $7.5. Will the double-top pattern lead to a downturn, or can support at $6.2 spark a new high?
HIGHLIGHTS:$
•The formation of a double bottom pattern hints the TOP price is at risk of a major correction.
•The 20-day EMA slope at $6.2 creates a form of support for TON buyers to regain trend control.
•The intraday trading volume in Toncoin is $193 Million, indicating an 18% gain.