TON-USD faced a challenging trading session, failing to build upward momentum beyond the critical $3.24 resistance level as selling pressure intensified.

The broader cryptocurrency market continues to navigate heightened volatility, driven by mounting global economic uncertainty. Within this backdrop, the Telegram-affiliated token TON encountered stiff resistance after a modest rally, with sellers dominating the $3.24-$3.25 zone amid elevated trading activity.

Despite the rejection at resistance, TON’s recent breakout from a prolonged descending channel suggests a potential shift in market structure. If momentum rebuilds, the next key resistance lies between $4.23 and $4.26—levels not seen in several months.

Technical Snapshot:

• TON’s intraday range stood at 0.065 USD, representing a 2.05% fluctuation.
• Sellers firmly defended the $3.24-$3.25 zone.
• The token initially rallied to $3.21 before retreating sharply.
• Trading volume surged past 150,000 units during the sell-off.
• By session close, TON had settled at $3.18 on declining volume, hinting at a possible pause in selling activity.

With momentum faltering at critical levels, traders are now watching whether TON can maintain support and attempt another breakout in the near term.