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		<title>TON Price Analysis: Downtrend Broke, Target Reached!</title>
		<link>https://coinengineer.net/blog/ton-price-analysis-downtrend-broke-target-reached/</link>
					<comments>https://coinengineer.net/blog/ton-price-analysis-downtrend-broke-target-reached/#respond</comments>
		
		<dc:creator><![CDATA[Yigit Taha OZTURK]]></dc:creator>
		<pubDate>Fri, 21 Mar 2025 15:00:50 +0000</pubDate>
				<category><![CDATA[Coin Analysis]]></category>
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		<category><![CDATA[The Open Network]]></category>
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		<guid isPermaLink="false">https://coinengineer.net/blog/?p=38860</guid>

					<description><![CDATA[<p>TON (The Open Network) successfully broke its previous descending trendline after testing it at a key resistance level we highlighted in our previous analysis. Following the breakout, TON retested the trendline and confirmed it as new support before rallying towards our initial target zone. This movement fulfilled the short-term bullish outlook we anticipated. Current Price</p>
<p>The post <a href="https://coinengineer.net/blog/ton-price-analysis-downtrend-broke-target-reached/">TON Price Analysis: Downtrend Broke, Target Reached!</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p data-start="3024" data-end="3402"><strong data-start="3024" data-end="3050">TON (The Open Network)</strong> successfully broke its previous <strong data-start="3083" data-end="3107">descending trendline</strong> after testing it at a key resistance level we highlighted in our previous analysis. Following the breakout, <strong data-start="3216" data-end="3223">TON</strong> retested the trendline and confirmed it as new support before rallying towards our initial <strong data-start="3315" data-end="3330">target zone</strong>. This movement fulfilled the short-term bullish outlook we anticipated.</p>
<h2 data-start="3404" data-end="3439">Current Price Action and Status</h2>
<p data-start="3440" data-end="3796">After reaching the <strong data-start="3459" data-end="3479">3.10 &#8211; 3.20 USDT</strong> target zone, <strong data-start="3493" data-end="3500">TON</strong> faced selling pressure and saw a rejection at that resistance level. Currently, the price is expected to find support at the <strong data-start="3626" data-end="3646">2.80 &#8211; 2.90 USDT</strong> area, which corresponds to the previous <strong data-start="3687" data-end="3709">trendline breakout</strong> level. If buyers step in at this zone, <strong data-start="3749" data-end="3756">TON</strong> could gain bullish momentum once again.</p>
<hr />
<p data-start="3798" data-end="3821"><strong><em>You Might Be Interested In: <a href="https://coinengineer.net/blog/elon-musk-talks-about-the-name-of-a-new-memecoin/">Elon Musk Talks About the Name of a New Memecoin!</a></em></strong></p>
<hr />
<h2 data-start="3798" data-end="3821">Potential Scenarios</h2>
<ul data-start="3822" data-end="4332">
<li data-start="3822" data-end="4087">
<p data-start="3824" data-end="4087">If <strong data-start="3849" data-end="3856">TON</strong> holds above the <strong data-start="3873" data-end="3904">broken descending trendline</strong>, buyers may push the price toward the <strong data-start="3943" data-end="3956">3.30 USDT</strong> <strong data-start="3957" data-end="3981">FVG (Fair Value Gap)</strong> zone. A breakout above this level could open the door for further upside toward <strong data-start="4062" data-end="4075">3.50 USDT</strong> and beyond.</p>
</li>
<li data-start="4091" data-end="4332">
<p data-start="4093" data-end="4332">If <strong data-start="4118" data-end="4125">TON</strong> loses support at <strong data-start="4143" data-end="4156">2.80 USDT</strong> and closes below it on the daily timeframe, the price could fall back toward the <strong data-start="4238" data-end="4251">2.60 USDT</strong> support zone. Further weakness could bring <strong data-start="4295" data-end="4315">2.40 &#8211; 2.50 USDT</strong> back into focus.</p>
</li>
</ul>
<figure id="attachment_151678" aria-describedby="caption-attachment-151678" style="width: 1280px" class="wp-caption aligncenter"><img fetchpriority="high" decoding="async" class="wp-image-151678 size-full" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/03/ton.jpeg" alt="TON" width="1280" height="612" /><figcaption id="caption-attachment-151678" class="wp-caption-text"><em>TON/USDT daily chart.</em></figcaption></figure>
<p data-start="4826" data-end="5183">The recent <strong data-start="4837" data-end="4859">trendline breakout</strong> and successful <strong data-start="4875" data-end="4897">target achievement</strong> offer positive signals for <strong data-start="4925" data-end="4932">TON</strong>. However, the resistance area has triggered profit-taking, and short-term sideways or slightly bearish price movements may follow. Holding above the <strong data-start="5082" data-end="5108">2.80 USDT support zone</strong> is crucial for maintaining a bullish structure in the medium to long term.</p>
<p data-start="5185" data-end="5379">Traders are advised to monitor <strong data-start="5216" data-end="5249">support and resistance levels</strong> closely and adjust their strategies accordingly. If <strong data-start="5302" data-end="5309">TON</strong> re-enters the descending trendline zone, downside risks may increase.</p>
<hr />
<p data-start="5185" data-end="5379"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our <a href="https://t.me/coinengineernews" target="_blank" rel="nofollow noopener"><strong>Telegram, </strong></a><a href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="nofollow noopener"><strong>YouTube</strong></a>, and <a href="https://twitter.com/coinengineers" target="_blank" rel="nofollow noopener"><strong>Twitter</strong></a> channels for the latest <a title="News" href="https://coinengineer.net/blog/news/" data-internallinksmanager029f6b8e52c="7">news</a> and updates.</em></p>
<p>The post <a href="https://coinengineer.net/blog/ton-price-analysis-downtrend-broke-target-reached/">TON Price Analysis: Downtrend Broke, Target Reached!</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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