TON Technical Analysis Feb 23
The post TON Technical Analysis Feb 23 appeared on BitcoinEthereumNews.com.
TON is consolidating in a narrow range at the 1.35$ level under general downtrend pressure; however, the positive histogram in MACD and neutral RSI level make both directional scenarios possible. Traders should monitor critical support and resistance levels and be prepared for potential breakouts. Current Market Situation TON is currently trading at 1.35$ and has recorded a slight 0.52% increase in the last 24 hours, getting stuck in the 1.30$ – 1.38$ range. The general trend continues as downtrend, the price remains below EMA20 (1.40$) and the Supertrend indicator is giving a bearish signal. RSI at 41.34 is not approaching oversold but is in the neutral zone, while the positive histogram formation in MACD creates hope for short-term recovery. Volume is at a medium level of 51.43M$, in multi-timeframe (MTF) analysis, 12 strong levels were detected on 1D, 3D, and 1W charts: 2 supports/3 resistances on 1D, 1S/1R on 3D, 3S/3R balance on 1W. There has been no major news flow specific to TON in the market recently, which creates an environment where technical levels take center stage. Although the short-term bearish EMA structure dominates, the bullish MACD divergence is noteworthy. Scenario 1: Upside Scenario How Does This Scenario Occur? For the upside scenario, the clear break above 1.3475$ (score:66/100) and then the critical 1.4253$ (score:72/100) resistances is required first. This breakout should be supported by increasing volume and confirmed by RSI crossing above the 50 level. The expansion of the MACD histogram and the price holding above EMA20 (1.40$) indicate that momentum has turned bullish. The Supertrend flipping (from bearish to bullish) would be a strong confirmation signal. The scenario strengthens with the testing of 1W resistances in MTF (e.g., 1.5370$); a potential Bitcoin recovery could also trigger TON to join the altcoin rally. In this scenario, invalidation occurs…
Filed under: News - @ February 24, 2026 12:23 am