Toncoin Whale Makes $5 Million Bullish Bet on TON
A major Toncoin holder has opened a 3x long position on 1.97 million TON tokens, risking $5.39 million on an upside move. This significant leverage play comes as TON navigates critical price levels that could determine its next major move.
TON Price Analysis: $3 Breakout Level
TON is testing key resistance zones where whale accumulation is meeting technical barriers. The $2.70-$2.85 range represents immediate overhead resistance, while support sits firmly at $2.40. The $3.00 psychological level remains the critical flip target that traders are watching.
Current TON Resistance and Support Levels
• Resistance: $2.85 (near-term ceiling)