Toncoin rebounds from $2 lows as traders focus on key resistance levels

• Toncoin rebounds to $3.56 after reaching a low of $2.00, forming a sharp V-shaped recovery.
• Resistance at $4.00 and $5.50 keeps Toncoin in a tight range as buyers lose momentum.
• Ongoing tariff wars and low volume stall Toncoin’s breakout, keeping traders on edge

Toncoin (TON) recently showed a V-shaped rebound after an extreme downtrend. However, market uncertainty in the form of worldwide tariff wars has created concerns over future prices.

Toncoin’s Recent Market Movements

Since late 2024, Toncoin (TON) declined, forming a series of lower highs and lower lows that told a lot about the ferocious bearish pressure. In early 2025, the price dropped sharply to $2.00, where it met ferocious support. Between March to April 2025, Toncoin rebounded strongly, forming a V-shaped recovery and climbing to $3.56, speaking volumes about a clear momentum reversal.

In a technical analysis by Crypto General, Toncoin has entered a pullback phase after its initial bounce. He points to ongoing tariff wars and broader market uncertainty as key concerns that could fuel another downturn. Still, he expects a potential bounce at current levels. A move above recent highs would confirm a breakout and present a clearer opportunity for traders.

Source: Crypto General

He stresses that Toncoin now sits at a critical point. While it holds above $3.50, the price remains in a consolidation zone. According to Crypto General, historical patterns suggest potential for continued recovery, but market sentiment will drive the next major move.

Market Sentiment and Resistance Levels

Analyst Satori breaks down Toncoin’s struggle with key resistance levels. He highlights the $5.50 mark as a major ceiling. Despite multiple rallies, Toncoin has failed to hold above this level, signaling strong resistance.

Satori also comments that Toncoin is already testing the $4.00 resistance. This is where the direction of the price will likely be determined. Buyers and sellers are still battling, but with decreasing volume trading, most market participants now seem to be waiting for a conclusive breakout or breakdown.

Source: Satori

Toncoin returned overall from lows and now grapples with two resistance levels: $4.00 and $5.50. Breaking above them might generate bearish momentum, and not breaking up can maintain price activity in the range. Traders grip these principal levels tightly, awaiting occurrences outside for their price actions to flip over in their favor.