Since June, Toncoin (TON) has been in a downtrend, and recently, the price was rejected at the $5.9 resistance level, leading to a 3% loss this week. Currently, TON is sitting at the key $5.2 support level and is showing signs of a potential reversal. 🔄
💥 Bullish Forecast: If TON holds this level and makes a higher low, it could aim to break above $5.9 and make a higher high - turning the tide bullish! 📈
⚠️ Bearish Warning: However, if the price drops below $5.2, the bears may regain control, pushing TON back to its September low of $4.5. 📉
🔮 Looking ahead: Toncoin has a real chance to stop its downtrend in June and regain momentum. Watch the $5.2 support level closely, it will be the deciding factor! 👀
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