Toncoin (TON), the native token powering the Telegram Open Network, has recently made headlines with a sharp price rebound.Toncoin price has caught the attention of traders and investors with a sharp rebound, currently trading around $3.60.Technical indicators such as RSI and MACD suggest bullish momentum and the potential for a broader breakout.While reaching the $20 mark is ambitious, it becomes more attainable if TON breaks above $5 and sustains above previous long-term resistance zones.