Toncoin Price Analysis:
Toncoin (TON) fell to the range support of $6.77, which is an important level to watch.
A weak rebound from the current levels will indicate a lack of aggressive buying, which increases the possibility of a break below $6.77.
If this happens, the TON/USDT pair will complete a double top pattern. This could start a decline to $6 and subsequently to $5.50.
Alternatively, if the price rises sharply from the current levels, it will indicate strong demand from the bulls. The pair may then climb to $7.72, where bears are expected to defend strongly.
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