After reaching a new all-time high (ATH), Toncoin's price mostly remained stagnant within a specific range of resistance and support levels.
However, a surge in bearish activity recently caused its price to drop below $5.
Despite this, vigilant bulls have managed to keep the rally going, indicating heightened alertness among investors.
The article suggests that Toncoin might face a bearish trend in the next few days, potentially losing over 10% of its value.