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Toncoin Eyes Notable Uptrend After Breaking Above This Key Chart Pattern

  • Toncoin (TON) shows signs of renewed strength after breaking out of a descending channel on the daily chart.
  • The breakout indicates a potential shift in market dynamics and the beginning of a fresh uptrend.
  • Toncoin may target key resistance levels at $4.10, $4.90, and $5.60 if bullish momentum continues.
  • To sustain the rally, Toncoin needs to maintain the RSI within the optimal range and ensure the MACD line remains above the signal line.

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