Toncoin TON established strong support at $2.94-$2.96 before making a decisive move upward, demonstrating resilience even after a sharp pullback, according to CoinDesk research’s technical analysis model.
The token is up 1.5% in the last 24 hours, underperforming the CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding stablecoins, memecoins and exchange coins — which has risen 3.6%.
Technical Analysis
• Price formed a solid support zone at $2.94-$2.96 early in the period, followed by a decisive breakout above $3.00.
• Significant above-average volume (1.87M and 1.54M) supported the initial breakout.
• Despite a sharp pullback to $2.98 with the highest volume spike (2.97M), buyers quickly returned.
• A strong consolidation pattern formed, establishing support at $2.985.
• High volume (272,668 units) triggered the final breakout above $3.00.
• New support zone established at $3.00-$3.01, confirming strength of the uptrend.
Disclaime
We współpracy z: https://www.coindesk.com/markets/2025/06/16/ton-moves-past-3-milestone-on-high-trading-volume
