Toncoin Slips to $2.07 as Market Selling Intensifies

Toncoin Slides to $2.07 Support as Selling Pressure Mounts – 11/11/2025

Toncoin (TON) fell 2% to $2.07 over the past 24 hours, continuing a week-long decline marked by lower highs and steady selling.

The token briefly pushed toward $2.16 before reversing, with the move recording the period’s highest trading volume—3.61 million TON exchanged—indicating strong resistance, according to CoinDesk Research. After holding near $2.10 for several sessions, TON broke below that level, hitting a low of $2.067, with volume surging during the decline.

Traders are watching $2.05 as the next key support. A breakdown with volume could extend the downtrend, while recovery attempts would need to reclaim $2.10 and test $2.16 as resistance. Momentum indicators suggest continued near-term weakness, though the decline remains more contained than larger altcoins.