The cryptocurrency market is experiencing heightened volatility amid escalating international financial tensions, with Telegram-linked token TON consolidating after reaching key resistance ranges. Latest worth motion exhibits TON-USD struggling to ascertain momentum above the $3.24 resistance zone, the place important promoting stress emerged with above-average buying and selling volumes.
Even so, TON has damaged out of a descending channel, doubtlessly signaling an finish to its months-long downtrend, with key resistance now on the $4.23-$4.26 vary.
Technical Evaluation
• TON exhibited a buying and selling vary of 0.065 USD (2.05%) over the 24-hour interval.
• Vital promoting stress emerged on the $3.24-$3.25 zone.
• Worth initially confirmed power, reaching a peak of $3.21 earlier than encountering a pointy sell-off.
• Promoting intensified with quantity surpassing 150,000 models.
• TON settled at $3.18 with diminishing quantity, suggesting non permanent exhaustion of promoting stress.
