- TON is forming a symmetrical triangle, with a breakout above $3.60 signaling a potential 47% rally.
- Key support zones at $3.00 and $2.85–$2.90 are holding; a drop below $2.78 could mean further correction.
- Weekly chart targets include $5.73, $6.86, and $7.90, with $9.60 as a possible mid-term breakout goal.
Toncoin (TON) has bounced strongly from a key support zone near $3.00, maintaining an upward trajectory within a rising channel. Technical patterns are aligning with bullish momentum, and analysts are watching closely as the price nears a potential breakout level that could trigger a major rally.
Symmetrical Triangle Signals Imminent Breakout
According to analysis prepared by Ali (@ali_charts) via X, TON is consolidating within a symmetrical triangle on the daily chart. This pattern, often seen ahead of sharp moves, suggests a possible 47% surge upon breakout. A move above the resistance range of $3.55–$3.60 could push the price toward $4.40 or higher.
At the time of writing, TON is trading near $3.06 after rebounding from the $3.00–$3.05 support zone. A strong close above $3.22 may confirm the short-term momentum. Volume levels remain low for now, but analysts stress that rising volume will be crucial for confirming the strength of any breakout.
If volume remains weak, a false breakout remains a risk. Support zones at $3.00 and $2.85–$2.90 are holding well, offering stability should the price retest lower levels. However, if sellers push TON below $2.78, it may trigger a broader correction.
Toncoin Weekly Outlook and Long-Term Price Targets
On the weekly chart, Toncoin has bounced from a historical support zone that aligns with prior reversal patterns. According to an observation by Rose Premium, the asset is now testing the upper boundary of a descending channel. A confirmed breakout above this trendline may lead to a larger rally.
Rose Premium outlined three key upside targets: $5.735, $6.868, and $7.907. If momentum builds and breaks through resistance, Toncoin could aim toward the mid-term target of $9.60. As of now, traders continue to monitor price action for a confirmation candle above the channel resistance before validating the bullish continuation setup.
