TON Tests $3.24 Resistance but Retreats to $3.18

TON-USD faced a sharp rejection at the $3.24 resistance level, failing to sustain upward momentum amid a turbulent macroeconomic backdrop. The move comes as global financial markets grapple with uncertainty, fueling volatility across the crypto landscape.

After briefly showing signs of strength, TON reached an intraday high of $3.21 before sellers stepped in, pushing the price lower. The sell-off was accompanied by elevated trading activity, with volume exceeding 150,000 units — a sign of significant profit-taking at higher levels.

Despite the pullback, TON’s recent breakout from a descending channel marks a potentially bullish shift in trend structure. Traders are now watching for a possible retest of the $4.23–$4.26 resistance range if the token can regain momentum.

Market Snapshot:

Intraday range: $0.065 (2.05%)
Resistance pressure: Strong around $3.24–$3.25
Peak price: $3.21 before reversal
Volume surge: 150,000+ units during decline
Closing price: $3.18 with softening sell pressure

The current consolidation near $3.18 may provide a base for the next move, but bulls will need to reclaim higher resistance zones to confirm a sustained trend reversal.