Toncoin (TON) Faces Uncertainty as it Struggles to Maintain $7 Support

Toncoin (TON) is struggling to stay above $7, with a potential drop to $5 if it fails. The cryptocurrency has experienced a 13% decline due to a breakdown below a key support trendline, leading to bearish sentiment among investors. Technical indicators are mixed, but the overall market sentiment is cautious. Toncoin's short-term prospects are uncertain, and investors are waiting for clearer signals before making a move.

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