📉 $TON Faces Bearish Pressure!
Toncoin's price continues to decline, reflecting a strong bearish sentiment. The altcoin has struggled to reclaim the $4 mark, with a 3.23% drop in 24 hours and a 28.33% plunge over the past month. YTD return stands at -32.43%, securing its 16th position in market cap with $9.275B.

📊 Technical Indicators Show Mixed Signals!
The MACD hints at a bullish crossover, suggesting potential upward momentum. The SMA indicator also supports a positive outlook, indicating that Toncoin might gain value in the near future.

🚀 Can Toncoin Hit $5?
If bulls take charge, Toncoin could break $4.035 resistance and rally toward $6.415. However, if the bears dominate, the price might retest $2.960 or even dip to $2 in the coming weeks.

⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.