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$TON Toncoin has been trading inside a descending channel, forming a healthy corrective structure after the previous drop. Recently, price showed a strong reaction from the lower boundary of the channel, which indicates buyers are stepping back into the market and demand is starting to build again.
Now price has broken above the channel, which often signals a potential shift from bearish pressure to a recovery phase. This breakout suggests that momentum could slowly turn in favor of the bulls.
In the short term, we might see a small consolidation or retest around the breakout zone before the next move higher. If the structure continues to hold, the next levels to watch are:
🎯 $1.48
🎯 $1.60
🎯 $1.70
If buyers maintain control, Toncoin could continue building momentum toward these targets.
📊 You may find more details in the chart.
Good luck and trade safe! 🚀
#TON #USIranTensionsImpactMarkets