Toncoin Drops 6% to $2.81 as Bearish Pattern Emerges
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币界网报道：TONCoin (TON) has declined 6.2% to $2.81 amid emerging bearish signals, including a potential head-and-shoulders pattern on the daily chart. The drop comes despite recent positive developments for the Telegram-linked blockchain, such as integration with Telegram's advertising platform. Trading volume remains elevated at $58.7 million, though down from recent highs. Analysts note key support at $2.50 could be tested if selling pressure continues, while resistance sits near $3.00. The broader crypto market downturn has contributed to TON's weakness, with Bitcoin falling below $43,000. Some traders remain cautious as the Relative Strength Index (RSI) approaches oversold territory at 38.
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