TON Cryptocurrency Increases 4.1% with Key Support at $3.27
The Open Network (TON) cryptocurrency rose 4.1% in the last 24 hours, consolidating around $3.35 after breaking key resistance levels.
Key Points:
- Price increased from $3.20 to $3.39, a 6.03% gain.
- Formation of an uptrend with higher lows and highs.
- Trading volume reached 5.77M during the breakout, above average.
- Support established at $3.27, confirmed by multiple bounces.
- Resistance at $3.33 broken decisively, indicating potential for further gains.
- Recent consolidation indicates profit-taking but retains most gains.
- In the last hour, TON corrected 1.24% from $3.38 to $3.34.
- Support tested around $3.33 with decreasing volume.
- Final trading period showed consolidation between $3.34-$3.35 with declining volume.