Toncoin Eyes $2 But Faces Key Resistance at $1.7 Amid Mixed Technical Indicators

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Toncoin (TON) climbed 2.6% in the last 24 hours to $1.53, with a market cap of $3.77 billion. The TON Foundation recently partnered with OpenPayd to expand fiat infrastructure, possibly fueling the short-term rally. On the 1-day chart, TON remains stuck below the $1.6–$1.7 supply zone, with bearish signals from key technical indicators. A break above $1.7 could target Fibonacci levels at $1.89 and $2.01, but weak demand suggests a reversal is more likely. TON remains on the list of altcoins to watch amid mixed on-chain activity.
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