TON Climbs 3%, Defying Losses Across the CoinDesk 20

Toncoin (TON) attempted to break higher on Tuesday but stalled just below the $3.25 resistance zone, facing renewed selling pressure. Despite the intraday rejection, TON managed to hold steady near $3.18, signaling underlying strength even as broader crypto markets turned negative.

TON rose to $3.25 before a late-session sell-off brought it back down, closing at $3.18. The asset posted a 3% gain on the day within a $0.095 range, with volume spiking to 6.6 million — nearly triple its average.

Technical Snapshot:

Resistance Rejection: Price hit $3.25, followed by a quick 1% drop.
Support Intact: The $3.17–$3.18 range held despite heavy volume.
Volume Surge: Daily volume significantly above average.
Market Context: TON outperformed the CoinDesk 20 Index, which fell 1.7%.

While the resistance at $3.25 remains firm, the sustained higher low at $3.18 could set the stage for another attempt to break higher — especially if broader sentiment stabilizes. Eyes are now on the $4.23–$4.26 range as the next upside target if TON can gather momentum.