Toncoin (TON) encountered a minor pullback after reaching a resistance level around $5.560, indicating short-term bearish sentiment.
Despite this retracement, TON has shown a 2.70% increase over the past 24 hours.
Key technical indicators suggest TON is still trading within a strong upward channel, maintaining its positive momentum.
The future movements of TON will depend on its ability to break through the resistance level and maintain the upward trend.
Source: www.fxcryptonews.com ↗