<ul data-eligibleForWebStory="false"><li>Toncoin (TON) is showing early signs of a potential reversal by holding above the $2.70 support level, with traders gaining confidence in a breakout to higher levels.</li><li>The open interest for TON has increased to approximately $6.38 billion, indicating renewed bullish sentiment and the potential for a significant price movement.</li><li>A liquidation heatmap reveals a large short position accumulation at the $2.80 resistance level, suggesting a short squeeze could drive prices higher towards $3.00 and beyond.</li><li>Technically, indicators like the RSI and MACD suggest a bullish reversal, with a target of $2.92 if TON breaks past key resistance levels.</li></ul>

Toncoin (TON) Price Breakout Incoming? Massive Liquidation Zone in Sight

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