đToncoin Price Analysis: Will TON Defend the $5 Support? đ„
Toncoin (TON) buyers are struggling to push the price above the moving averages, signaling weak demand at higher levels. đŹ
đ Key Levels to Watch:
âą Bears are eyeing a drop below the critical $5 support. If they succeed, TON could retest the support zone between $4.72 to $4.44. â ïž A break and close below this zone would complete a bearish head-and-shoulders pattern, potentially triggering a downtrend. đ
âą Bulls need to act fast and push the price above the moving averages to prevent this scenario. If successful, TON could rally to $6 and then target $7, though itâs likely to face strong resistance there. đ
đĄ Price Prediction: Watch the $5 support closely! A break below could spell trouble, but if bulls hold the line and push past resistance, a surge to $6 or $7 may be on the horizon. đ
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