The cryptocurrency market is experiencing greater volatility amid intense global economic tensions, with a ton of Token linked to the telegram that is consolidated after reaching key resistance levels. The recent price action shows that Ton-UD struggles to establish an impulse above the resistance zone of $ 3.24, where a significant sales pressure with commercial volumes higher than the average arose.
Even so, Ton has left a descending channel, potentially pointing out an end of its descending trend of months, with key resistance now in the range of $ 4.23- $ 4.26.
Technical analysis
• Ton exhibited a negotiation range of USD 0.065 (2.05%) during the 24 -hour period.
• A significant sales pressure arose in the $ 3.24- $ 3.25 zone.
• The price initially showed strength, reaching a peak of $ 3.21 before finding a strong liquidation sale.
• Intensified sale with volume exceeding 150,000 units.
• Ton was established at $ 3.18 with a decreasing volume, which suggests temporary exhaustion of the sales pressure.
