Toncoin is getting squeezed between the moving averages, indicating that a range expansion is possible in the near term.
If the price breaks and closes above the 50-day SMA ($5.76), it will signal the start of an up move toward $7. Buyers may face solid resistance at $7, but if they bulldoze their way through, the rally could reach $8.29.
If the uncertainty resolves to the downside by breaking below the 20-day EMA ($5.54), it will suggest that the bears remain sellers on minor rallies. The TON/USDT pair could plunge to the $4.72 to $4.44 support zone.