Toncoin Price Forecast – TONUSD Struggles Under Selling Pressure, Buyers Attempt a Comeback

Toncoin Price Forecast – November 6th

The Toncoin price forecast indicates that sellers are still in control, although recent buyer interest hints at a potential shift in momentum.

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

Support Levels: $2.900, $4.480
Resistance Levels: $6.300, $5.500
This week, buyers managed to lift prices to the $4.900 level, marking a temporary recovery point. Although bullish pressure has yet to fully take hold, the effort suggests Toncoin buyers are eager to regain control.

Toncoin Price Forecast – TONUSD Outlook

As buyers try to establish a foothold, a move toward the key $5.300 level appears possible. On the daily chart, bullish momentum is gradually building, but strong resistance remains.

The $5.300 level is likely to be a pivotal area as both buyers and sellers vie for control. The Parabolic SAR indicator continues to favor sellers, suggesting ongoing bearish pressure. Likewise, the MACD (Moving Average Convergence Divergence) remains in negative territory, highlighting that selling momentum is still dominant.

This mix of indicators reflects the TONUSD market as one burdened by bearish sentiment, even as buyers make attempts to shift the trend. While the overall outlook is still bearish, buyer activity indicates that a shift may occur if they can gain sufficient momentum.

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

A sustained move above $2.900 could provide buyers with the base needed to aim for $3.300, though this remains a challenging area. The upcoming trading sessions will likely reveal if buyers can mount a more sustained rally or if sellers will strengthen their hold.
In the short term, sellers appear cautious as buyers challenge for control. Both the Parabolic SAR and MACD indicators present mixed signals, reflecting the market’s ongoing struggle. With crypto signals suggesting both bearish pressure and potential buyer interest, the coming days may show whether buyers can shift the trend.

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