TON Tests $1.50 Resistance as Moving Averages Turn Bullish
Toncoin (TON) has rebounded and is trading above key moving averages after falling toward $1.25. On April 11, buyers pushed TON to $1.51, but the move was rejected and followed by a pullback.
Now, TON is around $1.38 and trying to break back above the $1.50/$1.51 resistance zone. The technical read remains constructive: the 21-day SMA is above the 50-day SMA, and the moving averages are trending upward. Traders will focus on whether TON can reclaim $1.50 decisively.
If TON breaks through, the articles cite upside targets near $1.80 and $2.00. If it fails, TON may trade sideways while holding above the moving averages.
Key levels mentioned: resistance at $1.50 (and wider zones at $4.00, $4.50, $5.00) and support near $1.25 (with additional references around $3.50, $3.00, $2.50). Overall, this is a technical outlook—not a buy or sell call.
Neutral
The combined articles keep a cautiously constructive tone for TON but do not confirm a clean trend breakout yet. Short-term momentum improved because TON is back above moving averages and the 21-day SMA sits above the 50-day SMA. That setup supports upside attempts.
However, the $1.50/$1.51 area has recently rejected price, and the latest framing suggests TON could be trapped in a range until it resolves. If TON fails to reclaim resistance, traders may see continued consolidation rather than immediate continuation higher.
So the most likely impact is near-term neutrality: a breakout above $1.50 could turn the bias bullish toward $1.80–$2.00, while rejection would likely keep TON range-bound as long as it holds above the moving-average support region around ~$1.25.