Toncoin (TON) recently experienced a sharp decline, dropping 18% to around $6.79. This follows a remarkable 301% rally from February 23 to June 15, where it peaked at $8.28. However, the price has since shown a pattern of lower highs, signaling weakening bullish momentum.
Key support levels at $7.01 have been breached, raising concerns among investors. Despite this downturn, there is still optimism, especially among whales, regarding Toncoin's potential for recovery.
