🔺 Toncoin (TON) Eyes 50% Breakout as Triangle Squeeze Tightens

Charts don’t lie — Toncoin is coiling inside a textbook symmetrical triangle. With price hovering near 3.11, traders are bracing for a 50% swing as TON hits the apex.

⚡ Quick Hits

• 💰 Current Price: 3.11 (after dipping below 3.04)
• 🔺 Pattern: Symmetrical triangle consolidation
• 🎯 Upside target: 4.70 (bullish breakout)
• 📉 Downside target: 2.05 (bearish breakdown)
• 📊 Analyst: Ali Martinez — breakout probability rising

📐 The Setup: Symmetrical Triangle

For months, Toncoin has been compressing inside a symmetrical triangle — a neutral consolidation pattern where price chops between rising support and falling resistance.

• Upper trendline = resistance
• Lower trendline = support
• Apex = decision point

Martinez explains:

“Breakouts become more likely as price approaches the apex of the triangle.”

Translation? TON is running out of room. A big move is coming.

🐂 Bullish Scenario

• Support holds at the lower boundary.
• Price breaks above resistance.
• Target: 4.70 → a 50% upside move.

🐻 Bearish Scenario

• Support fails, price dumps below the triangle.
• Momentum drags TON lower.
• Target: 2.05 → a 50% downside risk.

🚨 Why It Matters

This isn’t just another boring chart:

• Symmetrical triangles often precede explosive moves.
• TON’s position near the lower trendline = critical test for bulls.
• A clean breakout could set TON’s next multi-month trend.

✍️ TL;DR

Toncoin is tightening inside a symmetrical triangle — a setup pointing to a 50% move. If bulls win, TON could hit 4.70. If bears take over, 2.05 is in play. Traders are watching the apex closely — the breakout will define TON’s next big chapter.