Toncoin (TON) Rebounds Strongly From $3.00 Support Amid Market Turbulence

Toncoin (TON) is showing notable resilience in a volatile crypto environment, rebounding from a sharp correction with strong buying support. After dropping 7.7% from $3.25 to $3.00 on June 5, TON found solid footing at the psychologically key $3.00 level, according to CoinDesk Research.

Buyers stepped in aggressively during the dip, triggering a 5.6% recovery over 18 hours. The recent surge has broken through key resistance at $3.15, with TON now trading at $3.19.

Key Technical Highlights:

Volume Surge: Over 10 million units traded during the correction, marking a significant shift in market interest.

Support Zone: Strong demand confirmed between $3.00–$3.03, with a secondary support range forming at $3.16–$3.18.

Resistance Breakout: TON pushed past $3.11 and $3.15, key resistance levels that had previously capped momentum.

Bullish Continuation: A 2.5% hourly move from $3.14 to $3.17 highlighted renewed strength.

Profit-taking at $3.17, followed by a higher low at $3.16, reinforces the current bullish structure.

The rebound comes amid broader market fluctuations tied to the escalating economic debate between Elon Musk and Donald Trump. Still, TON’s technical setup points to sustained buyer interest and potential continuation above the $3.20 mark if momentum holds.