Toncoin shows resilience at $3,277 today, maintaining its short-term ascending channel despite a $3.09M net outflow on July 22. The token finds steady support near the critical $3.25 level, defended by the 100-EMA. While trading below the 20/50-EMA cluster at $3.28-$3.29, its bullish structure remains intact.

Technical indicators present mixed signals: the RSI at 46.72 suggests cautious momentum, yet consistent absorption of selling pressure indicates underlying strength. A break above $3.29 could trigger bullish momentum toward $3.45.

The token’s outlook stays positive while holding above $3.25 channel support, though a decisive breakdown would shift focus to the 200-EMA at $3.18. Market structure continues favoring buyers absent a support breach.

source: Traders Union

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