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TON Technical Analysis – Is Toncoin ($TON) Primed for a Bullish Reversal?

  • Toncoin ($TON), the native token of the free network, shows signs of a technical breakout after a year of legal scrutiny and market volatility.
  • Toncoin's price was affected by legal issues and airdrop controversies in the second half of 2024, but a recent surge in price after resolving legal issues restored investor confidence.
  • Venture capital firms have invested over $400 million in Toncoin's development, indicating long-term interest in the project.
  • Technical analysis suggests that Toncoin is approaching critical support levels, with the possibility of a price increase indicated by an inverse Head and Shoulders pattern forming.

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