Toncoin Price Gears Up for Breakout: Is $4.27 the Next Target?
Will Toncoin Spark The Next Alt Rally?
Toncoin (TON) is gaining quiet momentum as market watchers turn their attention to its promising setup. With the current price at $3.1152 and daily trading volume exceeding $331 million, TON appears to be on the verge of a decisive move. As interest around Toncoin price prediction grows, key on-chain and trading metrics hint at a potential breakout.
Strong Support, Limited Selling Pressure
According to IntoTheBlock, 71.28% of Toncoin holders are currently in profit. This widespread profitability reduces immediate sell-side pressure, while only 11.52% of holders remain underwater.
A significant number of holders bought TON below $3.05, turning that zone into solid support. On the upside, resistance could emerge between $5 and $6, where some investors may sell to recover past losses.
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Investor Participation Is Growing
Recent transaction trends indicate rising interest from a wide range of investors:
Transactions between $1M and $10M surged by nearly 80%
Transfers above $10M rose by 50%, while mid-sized transactions ($10K–$100K) also increased
This suggests growing confidence across both retail and institutional segments.
Futures Market Shows Rising Interest
Toncoin’s derivatives market reflects rising speculation. Volume rose 14.95% to $174.86 million, while Open Interest climbed 4.28% to $230.72 million. These figures suggest traders are preparing for more volatility.
Price Levels to Watch
The Binance liquidation heatmap highlights potential short squeezes around $3.31 and $3.50. If TON clears these levels, a rapid move toward $4.27 is likely. Meanwhile, the $3.05–$3.10 range remains a key support area for bulls.
With rising investor interest, strong support, and bullish technical setups, Toncoin could be preparing for its next major move upward.