TON Token Climbs Sharply to $3.24 Before Profit-Taking Pullback

Telegram’s TON token surged on Monday, jumping from an early low near $3.15 to a peak of $3.24—a strong 2.7% intraday gain fueled by a spike in trading volume.

The move was supported by firm buying interest near $3.19, which acted as a key support zone. After breaking above the $3.20 level with conviction, TON attracted profit-taking as it approached $3.24, causing a swift retracement back toward $3.19.

Volume peaked at 5.46 million tokens traded during the rally, highlighting robust activity. Despite the sharp pullback of nearly 2.7% from its high, TON found footing just above $3.19, suggesting buyers remain eager to defend this level.

This price action signals a healthy short-term consolidation following a breakout, setting up potential for renewed upside momentum if support at $3.19 holds.