TON Slides on Global Jitters, Finds Stability at $3.22 Support

TON faced a turbulent trading session on Thursday, swinging sharply between $3.22 and $3.47 as global trade tensions continued to rattle risk assets. After a strong start, bearish pressure emerged mid-session, dragging the token down by 6.2% from intraday highs before a late-stage rebound helped reclaim partial losses.

Despite the volatility, TON held its footing at a key support zone between $3.22 and $3.24 — a level that absorbed significant sell-side pressure and marked the day’s floor.

Technical Snapshot:

• TON registered a 7.7% intraday price range, reaching as high as $3.47 before falling to $3.22.
• Resistance formed at $3.44–$3.47, where two consecutive hourly rejections signaled exhaustion in buying momentum.
• Downside momentum peaked after midnight, pushing the token into a short-term correction.
• Trading volume remained elevated, signaling persistent market uncertainty.
• The session closed with TON rebounding to $3.27, supported by renewed dip-buying interest.

With macroeconomic headwinds continuing to influence sentiment, TON’s ability to defend its support zone may determine its short-term trajectory.