TON Climbs 4.1% Amid Signs of Sustained Upside Momentum

TON Rises 4.1% as Uptrend Holds, Despite Profit-Taking Pressure

The Open Network’s (TON) native token gained 4.1% over the past 24 hours, maintaining most of its gains even as profit-taking set in during late trading. According to CoinDesk Research’s technical analysis, TON has formed a well-defined uptrend pattern of higher highs and higher lows, breaking through key resistance levels before entering a period of price consolidation around $3.35.

The broader market also remained upbeat, with the CoinDesk 20 Index — which tracks the top 20 cryptocurrencies by market cap, excluding exchange tokens, stablecoins, and memecoins — up 3.7% over the same timeframe.

Technical Highlights:

TON rallied from $3.20 to $3.39, posting a 6.03% intraday gain before pulling back.
A strong uptrend emerged, leading to a decisive breakout through $3.33 resistance on a volume surge to 5.77M, well above the daily average.
Key support at $3.27 held firm, confirmed by multiple high-volume bounces.
Following the breakout, the token consolidated near $3.35, reflecting mild profit-taking without breaking the bullish structure.
In the final hour, TON experienced a 1.24% dip from $3.38 to $3.34, with support stabilizing at $3.33, albeit on declining volume.
Current consolidation between $3.34–$3.35 suggests the market is pausing after the rally, but further upside remains likely if momentum resumes.

Despite short-term volatility, TON’s strong volume-backed breakout and preserved gains position it for potential continuation — particularly if broader market strength persists.