$TON is currently trading at a price of 1.610 USDT and has seen a slight correction of 0.80% in the last 24 hours, the market seems to be completely compressed. Strong support is at 1.597, the 24h low, which is a critical level, while immediate resistance is at 1.627, the 24h high. If the price breaks this resistance, the next targets could be the areas of 1.640 and then 1.660. If you look at the volume, there is decent activity, and the order book indicates that buyers are slightly more active (50.61%), showing a balanced sentiment. Short-term moving averages are mixed, confirming consolidation. Overall sentiment is neutral as long as the price stays above the major support at 1.590, but momentum is needed for a clear breakout.
#TON #Toncoin #Layer1 #Crypto