Toncoin (TON) is nearing a key resistance level, prompting speculation about whether it will break through or pull back. Currently priced at $3.89, a 1.5% increase in the last 24 hours highlights increased market interest. The token’s trading volume has surged nearly 50%, suggesting a heightened focus on TON. A leading analyst, Crypto Patel, pointed to a potential breakout opportunity based on price nearing a descending trendline resistance dating back to mid-2024. 3 key factors are contributing to this: 1) The price is showing signs of breaking above the upper limit of its descending trendline; 2) TON has gained momentum with an impressive 27% increase from its previous accumulation point around $3.20; and 3) The presence of a Fair Value Gap (FVG) between $3.33 and $2.95, which presents a potential high-probability entry point if revisited.