Toncoin( TON ) price prediction: $3.7 resistance level is key, a breakthrough may aim for the $6 mark.

After breaking below the $3 threshold, the price of Toncoin (TON), supported by Telegram, has shown resilience, currently consolidating around $3.12. Market analysts believe that this round of consolidation may be building up for a liquidity sweep, where the price briefly dips to clear out short positions, gaining momentum for a stronger rise afterwards. Traders are closely following TON's movement in the key support area to determine whether it can break through the first major resistance level at $3.70, and then target $4.60 and even $6.00.

"Liquidity Sweep" During Consolidation: Accumulating Strength for a Rebound

After encountering resistance in the range of 3.45 to 3.50 USD, the price of Toncoin entered a consolidation phase. Analysts point out that this consolidation creates conditions for a "Liquidity sweep." Cryptocurrency trader @navex_eth explained, "TON may dip to 3.01 USD to clear out all the bears, and then rebound quickly. Once all the sellers are 'trapped', no one can push the price down anymore."

This pattern is commonly referred to as a "trap-reversal" structure, meaning that a short-term price fall may actually pave the way for a stronger rebound.

Currently, traders need to focus on the following key price levels:

· Weak support level: 2.71 USD

· Recovery target levels: 3.01 USD → 3.38 USD → 3.45 USD

· Strong resistance level: 3.50 USD

Bullish Wave and Price Target

Technical analysis indicates that $3.70 is the first major resistance level that TON must overcome. Once this level is successfully broken, the door to the next target of $4.60 will open. Market observers believe that these target price levels are part of a broader bullish wave that has been brewing since early 2025. If TON can hold above $2.75 and continue to accumulate, a larger rise may be on the horizon in the coming weeks. While a slight pullback may occur in the short term, the ultimate target of $6.00 remains achievable.

Support Zone Defense and Market Sentiment

Traders are closely monitoring the support area of Toncoin. Analyst @butterfly_chart recently pointed out that bulls are firmly defending a key daily support level, which has created buying pressure that could trigger a significant price rise. According to technical analysis sources like Investopedia, these support areas often serve as springboards for price rebounds. TON is currently hovering around the $6.39 level, indicating that under sustained buying pressure, the price may rebound. It is worth noting that the recovery trend of Bitcoin in 2025 may also further boost demand for altcoins like TON, although experts warn that the crypto and decentralized finance markets are highly speculative.

Outlook: Follow the 3.70 USD resistance

Although Toncoin is still in a downtrend overall, if it can break through 3.70 USD, it may reverse the bearish momentum and reach 4.60 USD, or even 6.00 USD, in the medium to short term. Traders must closely monitor important support and Liquidity areas, as these areas often determine the next major movement in the market. While predictions are not absolute, the current technical pattern indicates that Toncoin is building momentum for a new round of bullish breakout through accumulation, support defense, and potential liquidity sweep.

Disclaimer: This article is for informational purposes only and does not constitute any investment advice. The cryptocurrency market is highly volatile, and investors should make decisions cautiously.