Toncoin (TON) is under pressure after breaking below a crucial long-term support line, currently trading at approximately $2.67. Analysts warn that if TON fails to recover to the $2.90-$3.00 range, it could face a significant drop, with technical targets suggesting a decline to $1.00-$1.10, marking a potential 60% decrease. The bearish sentiment is compounded by decreasing trading volume, indicating a lack of strong buying interest.
Toncoin Faces Potential 60% Decline After Breaking Key Support
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