Market Direction

Toncoin - Technical Analysis

Published: Jun 27, 2025

TON remains structurally weak, trading below its 200 EMA on the daily timeframe. It has been range-bound for the last few months without any clear trend or momentum, making it one of the few majors yet to flip bullish.

Key Levels

Upside Target: $3.94
Next Support: $2.75
Next Resistance: $3.58
Downside Target : $2.35
Direction: Neutral

TON is currently trading below the 200 EMA, which sits around $3.87, a key level to reclaim for any structural shift. The RSI is flat around 48, while the average RSI is slightly higher at 51, reflecting a lack of momentum. This setup leans slightly bearish to neutral, with no signs of buyers stepping in with strength yet.

Scenarios Ahead

Continued Range: TON is likely to continue ranging between $3.00 and $3.59 if no directional momentum builds. This would maintain the current sideways structure that has defined the past few months.
Breakdown Toward Lows: If $3.00 breaks, price may drift lower toward $2.74. This region needs to hold as strong support, if it fails, TON risks slipping into deeper bearish territory.
Breakout & Reclaim of 200 EMA: If TON manages to break above $3.59 and reclaim the 200 EMA near $3.90, it could signal a structural shift. This would open up the path toward higher targets like $4.60, but such a move would require clear strength and volume confirmation.

Cryptonary’s Take

SUI is in the process of building structure after a sharp retrace. As long as it holds above the 200 EMA, this chop looks constructive. Reclaiming $3.50 would be a strong signal for continuation, while $3.00 remains the line in the sand for bulls.