Toncoin Price Surges with Strong Volume Following Ex-Visa Exec Appointment
TON experienced significant price movement with trading volume around 10x the average during peak hours. Key levels include:
- Support at $2.97-$2.98, tested multiple times.
- New resistance at $3.27, indicating potential for upward momentum.
- Price consolidation pattern between $2.97-$3.04 before breakout.
- Volume spike with 19.7M and 15.4M in consecutive hours.
- Clear ascending channel on hourly chart.
- Dramatic price increase from $3.18 to $3.29 within two minutes.
- Single-minute volume exceeded 2.1M, nearly 20x the average.
- Profit-taking noted as price retraced to $3.27.
For further context, see the external reference.