TON’s been squeezing into a textbook triangle for months — and traders say a 40% move is coming. But which way does this thing explode?
Toncoin (TON) has been tightening like a coiled spring inside one of technical analysis’ favorite patterns: the symmetrical triangle.
For the uninitiated: Imagine price bouncing between two walls — one sloping down, one sloping up — until they close in like a trap. That’s where TON is now.
And when this pattern breaks? It doesn't tiptoe. It sprints.
There are three kinds of triangle patterns: 🔼 Ascending (bullish) 🔽 Descending (bearish) 🔺 Symmetrical (neutral… but deceptive)
TON’s current setup is a symmetrical triangle, meaning equal pressure from bulls and bears. But traders note a slight bearish tilt — the upper line is just a bit heavier.
Still, it’s sitting right near the midpoint now — aka the “it’s about to go down... or up” zone.
If TON breaks above the triangle? 🚀 Analysts are calling for a potential +40% move from current levels.
Break below the triangle? 📉 Same math, different vibe. Potential -40%.
The pattern doesn't promise direction — just magnitude. And right now, TON is hovering around 3.30, flirting with decision.
This isn’t just some boring chart doodle. These triangle patterns have real predictive power when backed by volume spikes and market momentum.
Right now:
It’s the kind of setup traders dream about: defined risk, explosive potential.
📐 Toncoin’s been consolidating in a triangle for months 🧨 A breakout is coming — and it could mean a 40% price move 📉 Slight downward tilt = small bearish edge 📊 Trading around 3.30 now, but breakout could happen any day
When charts get this tight, something’s about to snap. The only question is: up or down?
Have questions or want to collaborate? Reach us at: info@ath.live