Toncoin Price Surge: Could $3.5 be the Next Target?

Toncoin (TON) is showing signs of a price rebound as it attempts to shake off bearish pressure and challenge key resistance levels. On-chain and technical indicators suggest a rally could occur soon, supported by fresh rallies in price. The asset’s performance metrics are displaying green signals, fueling expectations for the projected climb. 24-hour price data shows a significant increase of 2.88%, with TON trading at $2.95 according to market data, highlighting the upward trend. Notably, this surge follows Toncoin breaking through a crucial resistance level, supported by retail buying activity and a strong impulse from investors.