Toncoin faces resistance at $3.85, risking a bearish reversal.
Liquidity levels at $3.66 and $3.9 may trigger strong market reactions.
A drop to $3.2 remains likely if bulls fail to break $3.7.
Toncoin holders have faced heavy losses, with 96% still underwater. A recent 25% price surge brought some relief, but uncertainty remains. The daily chart still leans bearish, raising doubts about a sustained recovery. A major resistance level at $3.85 could decide the next move. If momentum fades, another sharp decline could follow. Bulls must push higher to avoid another sell-off. Will this rally hold, or is another drop coming?
Toncoin Bulls Push Higher, But Risks Remain
A bullish crossover on the MACD signals short-term strength, but the overall trend stays weak. Breaking above $3.95 could shift momentum, but resistance zones remain a challenge. Buyers must maintain pressure to prevent another rejection. Trading volume has increased, pushing the OBV above December’s lows. More buying activity suggests growing confidence, but without sustained demand, resistance levels could stall the rally. Fibonacci retracement levels highlight key areas where sellers might return.
Toncoin Bears Target $3.2 for a Deeper Drop
The liquidation heatmap reveals liquidity at $3.66 and $3.9. These levels may attract sellers looking to trap late buyers. If bears step in, another reversal could send prices lower. Liquidity maps show $3.2 and $3.67 as crucial areas. Price may sweep $3.6 before reversing lower.
A rejection near $3.67 could trigger a drop toward $3.2 as traders hunt liquidity. Swing traders should watch for reversal signals on shorter timeframes. Strong pullbacks often happen on Mondays, offering possible short setups.
According to experts, a breakout above $3.7 would challenge the bearish outlook. For now, Toncoin is experiencing a tough battle at $3.6. That said, bulls need a strong breakout, or another sell-off could erase recent gains.
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Toncoin Struggles At $3.6 – Rally or Just a Dead Cat Bounce?
Toncoin faces resistance at $3.85, risking a bearish reversal.
Liquidity levels at $3.66 and $3.9 may trigger strong market reactions.
A drop to $3.2 remains likely if bulls fail to break $3.7.
Toncoin holders have faced heavy losses, with 96% still underwater. A recent 25% price surge brought some relief, but uncertainty remains. The daily chart still leans bearish, raising doubts about a sustained recovery. A major resistance level at $3.85 could decide the next move. If momentum fades, another sharp decline could follow. Bulls must push higher to avoid another sell-off. Will this rally hold, or is another drop coming?
Toncoin Bulls Push Higher, But Risks Remain
A bullish crossover on the MACD signals short-term strength, but the overall trend stays weak. Breaking above $3.95 could shift momentum, but resistance zones remain a challenge. Buyers must maintain pressure to prevent another rejection. Trading volume has increased, pushing the OBV above December’s lows. More buying activity suggests growing confidence, but without sustained demand, resistance levels could stall the rally. Fibonacci retracement levels highlight key areas where sellers might return.
Toncoin Bears Target $3.2 for a Deeper Drop
The liquidation heatmap reveals liquidity at $3.66 and $3.9. These levels may attract sellers looking to trap late buyers. If bears step in, another reversal could send prices lower. Liquidity maps show $3.2 and $3.67 as crucial areas. Price may sweep $3.6 before reversing lower.
A rejection near $3.67 could trigger a drop toward $3.2 as traders hunt liquidity. Swing traders should watch for reversal signals on shorter timeframes. Strong pullbacks often happen on Mondays, offering possible short setups.
According to experts, a breakout above $3.7 would challenge the bearish outlook. For now, Toncoin is experiencing a tough battle at $3.6. That said, bulls need a strong breakout, or another sell-off could erase recent gains.