Toncoin (TON) Price Prediction: Break Above $5.92 to Spark Uptrend

Toncoin (TON) lags behind the bullish market, trading below key moving averages with a bearish structure.

Key Statistics:

- 9.13% gain in the past week.
- Trading below 50 and 100-period SMAs.
- Bearish market structure.
- Awesome Oscillator: Below zero line.

Price Prediction:

- Break above $5.92: First sign of long-term bullishness.
- Resistance levels: $5.7-$5.9, $6.2.
- Support level: $4.47.

Technical Analysis:

- Bearish momentum weakening (green bars on AO).
- OBV below support level.
- No bearish crossover on 50/100-period SMAs.

To Confirm Uptrend:

1. Break above $5.92.
2. Sustained trading above 50-period SMA.
3. Increased buying pressure (OBV).
4. Bullish crossover on 50/100-period SMAs.

To Confirm Downtrend:

1. Break below $4.47.
2. Sustained trading below 100-period SMA.
3. Decreased buying pressure.
4. Bearish crossover on 50/100-period SMAs.