TON is testing the lower boundary of a descending triangle, with strong buyer demand maintaining the $2.62–$2.68 support zone. Technical indicators, including RSI rebound and Bollinger Band expansion, suggest potential bullish momentum. A breakout above the $3.12 resistance could propel TON to $3.32, $4.20, and $4.65. Analysts are watching for signs of a sustained reversal or breakdown.