Toncoin (TON) rose 3.44% to $3.31 today, extending its bullish momentum despite technical warnings. The RSI reading of 70.43 signals overbought conditions, while MACD divergence confirms strong upward pressure. Trading volume reached $25.75M on Binance, supporting the rally.

Key resistance sits at $3.35 (Bollinger Band upper limit), with immediate support at $3.00. Analysts note conflicting indicators: stochastic levels (92.49) suggest consolidation is likely, yet MACD remains positive.

Traders await a breakout above $3.35 or a pullback to $3.00-$3.05 for optimal entries. Overbought conditions advise caution despite bullish trends.

source: Blockchain.news

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