Toncoin Price Forecast – TONUSD Bears Target $5.000 Key Area

Toncoin Price Forecast – January 8

Toncoin price forecast indicates the market is under significant bearish pressure, with sellers aiming to test the $5.000 support level.

Toncoin Long Term Trend: Bearish (Daily Chart)
Key Levels

Support Levels: $5.190, $5.000
Resistance Levels: $5.800, $6.000
Toncoin bullish momentum stalled at $5.800, leading to a resurgence of bearish activity as market volatility tightened. Sellers are currently focusing on the $5.190 level, with $5.000 acting as a critical support zone.

Toncoin Price Forecast – TONUSD Outlook

The Bollinger Band indicator highlights reduced volatility, signaling the potential for an imminent breakout. At the same time, the MACD (Moving Average Convergence and Divergence) indicator reveals consistent selling pressure, pointing to further downside risks in the days ahead.

If the bearish momentum holds, Toncoin may break below $5.190 and approach the $5.000 level. A breach of this support could pave the way for additional declines and heightened selling pressure.

Conversely, if buyers regroup and gain control, the price may recover toward $5.500, with $5.800 remaining a key resistance level to watch. Traders should closely observe the Bollinger Band and MACD indicators for signs of market direction and potential opportunities, including insights provided by crypto signals.

Toncoin Medium Term Trend: Bearish (4-hour Chart)

In the shorter time frame, sellers continue to dominate, with the Bollinger Band suggesting a strong downward breakout. The MACD on the 4-hour chart reinforces this bearish outlook, maintaining its downward trajectory.
If the selling pressure persists, TONUSD could drop further, potentially reaching $5.100 in the medium term. Alternatively, a recovery attempt might push the price back toward $5.400, though significant buyer momentum would be needed to alter the prevailing trend.

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