☄️Why Toncoin (TON) Could Hit $10+ in 2025?☄️

🔻Amid the ongoing crypto market correction triggered by Bitcoin’s price plunge below $94,000, Toncoin (TON) has shown resistance by retesting the key support level of $4.8, which it has held for the past eight months. As a large tier-1 altcoin with a total market cap of $27.6 billion and a 24-hour trading volume of $285 million, TON is forming a potential bullish continuation pattern that could lead to significant gains.

🔹Technical Analysis: Signs of a Bullish Breakout🔹

🔹 Symmetrical Triangle Pattern: On the weekly chart, TON has formed a symmetrical descending triangle pattern, which could be a sign of a bullish breakout.
🔹 RSI Rebound: The Relative Strength Index (RSI) has consistently remained above 50%, indicating increasing bullish momentum.
🔹 50-Week SMA Support: TON has bounced off the 50-week simple moving average (SMA), which strengthens the possibility of a near-term price recovery.