$TON
is back in the spotlight after delivering one of the strongest moves this week, rallying over 100% and catching the entire market’s attention. 🚀
The major catalyst came after Telegram founder Pavel Durov hinted at near-zero fees on the TON network, instantly bringing fresh momentum and renewed investor interest. This news acted like fuel for an already heating chart. 🔥
On-chain activity also shows whales were positioned early before the breakout. One notable wallet reportedly entered near $2.14 and is now sitting on nearly $1.92M in unrealized profit.
Despite six consecutive green candles signaling strong bullish momentum, entering after such a sharp move carries higher risk. Smart traders may wait for a healthy pullback.
The key support zone to watch is $2.204 – $2.269. If buyers successfully defend this range, TON could be preparing for another upward expansion. 📈
Major resistance remains near $3.50. A confirmed breakout above this level could shift the higher timeframe structure fully bullish.
For now, $TON remains one of the most watched coins in the market. 👀