The price of Toncoin (TON) has fallen by 3.73% in the last day and is near the local support of $2.826 on the hourly chart. There are low chances of sharp moves by the end of the day. On the daily time frame, a bearish picture can be seen and if the support of $2.816 is broken, the correction is likely to continue to the $2.60-$2.70 area. Traders should focus on the $2.90 level and if it closes below that, a test of the $2.40-$2.60 range may occur by the end of the month. Currently, TON is trading at $2.852.



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