Toncoin drop comot from $2 go $1.82 as dem bear dem dey target $1.17 and $0.70
Toncoin price don sharply fall below di longstanding $2.00 support zone, e first slide go $1.93 after dem reject am for $2.40 and later drop reach $1.82. Di altcoin dey now between di $1.80 support and im moving averages, wit di 21-day and 50-day SMAs dem slope down. Technical indicator dem like Doji candlesticks and long lower wicks dey show say market no sure but overall e get bearish momentum. Bears dem dey target make price fall more go $1.17 and di October low near $0.70 if Toncoin price break below di $1.80 floor. Traders suppose dey watch key resistance at $2.00 and $2.40 and support levels at $1.80 and $1.17 to sabi if price go continue or reverse.
Bearish
Di stop brech of di $2.00 support and di downward slope 21-day and 50-day SMAs dey show say di bearish momentum for Toncoin price still dey. If e no fit hold pass $1.80 continue, e fit make sellers sell quick quick, wey go push di token go lower levels like $1.17 and di long-term low around $0.70. For short term, traders fit face more wahala with volatility and downward risk around di current trading band of $1.80–$1.85. For longer term, if Toncoin price no climb pass di main resistance levels at $2.00 and $2.40, di market outlook go still dey negative, with sellers fit control plenty.