TON Price Tests Technical Support at $2.24 Amid Bearish Momentum

Toncoin price

Toncoin is trading at $2.24, reflecting a decline of 0.5% as the Relative Strength Index (RSI) falls to 37, indicating potential further weakness. This movement follows a volatile weekend where Toncoin fluctuated between $2.18 and $2.29. The current price action occurs within a broader context of uncertainty in the cryptocurrency market. Traders are observing these developments closely, as the bearish momentum builds. The RSI level suggests that Toncoin may face additional selling pressure if the trend continues.

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