This article discusses the current bearish trend of Toncoin, with its price hovering around the $4.65 support zone. The bearish pressure has resulted in negative crossovers in the EMAs and a death cross event between the 50-day and 200-day EMAs. However, the article suggests that there is a possibility of a bullish reversal, given the crucial support level at $4.65 and the potential for a breakout rally towards $6. The daily RSI line also indicates a potential bullish recovery. As Toncoin approaches the apex of a descending triangle pattern, a high-momentum move is expected, and if market conditions improve, Toncoin could surpass the 20-day EMA and reach $6. On the other hand, a breakdown below $4.65 could lead to a test of the $4.34 level before potentially reaching the psychological support at $4.00.



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