Toncoin (TON) price hit $2.79, but with resistance looming at $3.70, traders remain cautious as failure to break higher could stall momentum before any move toward $4.60.
After the recent breakdown below $3, Toncoin is showing signs of resilience. Analysts suggest that the market may be setting up for a liquidity sweep, where brief dips could fuel stronger upward momentum. Traders are closely observing support zones and recovery targets to gauge the next significant move for this Telegram-backed cryptocurrency.
TON Price Consolidation and Liquidity Sweep
Following the rejection at $3.45–$3.50, the Toncoin price has hovered near $3.12. Analysts highlight that this consolidation could set the stage for a “liquidity grab,” a common scenario where the market briefly dips to collect sell orders before launching a strong upward move.
Toncoin (TON) is consolidating after rejecting $3.45–$3.50, with a potential liquidity sweep to $3.01 setting up a strong reversal toward $3.45. Source: Naveed via X
Trader @navex_eth explains, “TON might sweep down to $3.01 to flush out anyone betting against it, then snap right back up. Once all the sellers get caught, there’s no one left to push prices down.”
Key levels to watch during this consolidation include:
Weak low support: $2.71
Recovery targets: $3.01 → $3.38 → $3.45
Strong high resistance: $3.50
This pattern, often referred to as a trap-reversal setup, suggests that short-term dips may actually pave the way for a stronger rally.
Bullish Wave and Price Targets
Technical analysis points to $3.70 as the first major resistance Toncoin must overcome. Clearing this level could open the door to the next target of $4.60. According to market observers, these levels are part of a broader bullish wave that has been building momentum since early 2025.
Toncoin (TON) is showing strong bullish momentum, with accumulation since February 2025 supporting potential upside targets at $3.70, $4.60, and $6.00. Source: KlejdiCuni on TradingView
If TON holds above $2.75 and maintains accumulation, a larger bullish move could develop in the coming weeks. Patience is crucial, as the cryptocurrency may experience minor pullbacks before reaching higher levels.
The most ambitious target remains $6.00, representing a significant potential gain if momentum persists and the market conditions remain favorable.
Support Zone Defense and Market Sentiment
Traders are closely monitoring Toncoin’s support zones. A recent analysis from @butterfly_chart highlighted that bulls are defending a critical daily support level with strong conviction, creating buying pressure that could trigger a substantial price increase.
Technical sources such as Investopedia suggest that support zones like these often act as springboards for price bounces. TON’s current level at approximately $6.39 indicates a potential rebound in the event that buying pressure continues to mount.
2025 trends in the market, like Bitcoin’s comeback, can even more boost altcoin demand like that of Toncoin, though experts caution that crypto and decentralized finance markets are highly speculative.
Looking Ahead: Eyes on $3.70 and Beyond
Toncoin (TON) remains under an overall downtrend. However, a breakout over $3.70 would confirm bearish momentum and potentially see it reach $4.60 and even $6.00 in the short to medium term. There are significant levels of support and liquidity zones that the trader must observe very closely, as these often dictate the next notable movements in the market.
Toncoin was trading at around $2.79, down 6.77% in the last 24 hours at press time. Source: Brave New Coin
While predictions never remain absolute, the current technical setup is that Toncoin is set to start its next leg upward, incorporating accumulation, support defense, and potential sweeps of liquidity to fuel a bullish breakout.
