Top Analyst Hints At a Crash for Toncoin (TON) Price – Here’s How It Could Play Out

Toncoin chart is starting to raise eyebrows among traders, and not for bullish reasons. The weekly structure shows that TON price has been trapped inside a large symmetrical triangle since March, but the latest move looks like a clean break below that support line

That’s got analysts wondering if the token is now setting up for a much deeper correction. At writing, TON trades around $2.67, down slightly on the week. On its own, that’s not alarming, but what’s happening on the bigger timeframes is what really matters here.

As pointed out by CryptoPulse, TON price has now slipped under a trendline that’s been acting as strong support for months

This line has kept the market structure intact through multiple retests, but the latest candle closed beneath it. That’s a warning sign, because when long-term support gives way, it often leads to accelerated downside.

Image Source: X/CryptoPulse

If Toncoin price can’t reclaim that line soon (roughly in the $2.90 to $3.00 range), the market might interpret it as confirmation of a breakdown. Based on the triangle’s height, the technical target sits much lower, around $1.00 to $1.10, which would mark a drop of roughly 60%.

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TON Market Sentiment and the Bigger Picture

While Bitcoin has been struggling below $122K, most altcoins have held up relatively well this month. TON, however, hasn’t shown the same resilience

After peaking near $4.50 earlier this year, it’s been unable to build momentum despite the broader recovery. That suggests the recent weakness isn’t just about the market, it’s structural.

Volume has also been tapering off. When prices drop and trading activity declines at the same time, it often signals a lack of strong buyers, something that adds to the bearish argument.

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What to Watch Next For Toncoin Price

So, what needs to happen next for TON to avoid a major selloff? The answer is simple: it must reclaim the $3 zone fast. A strong weekly close back above that area could flip the chart back to neutral and potentially attract sidelined buyers.

But if TON price continues drifting below support and fails to attract volume, traders may start targeting the lower demand zones near $1.50 and $1.00. For now, TON’s fate depends entirely on whether bulls can turn this short-term weakness into a fakeout, or if it really is the start of a much bigger correction.

In short, the $3 level is the line in the sand. If TON can’t get back above it soon, the next chapter could get painful for anyone still holding long positions.

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The post Top Analyst Hints at a Crash for Toncoin (TON) Price – Here’s How It Could Play Out appeared first on CaptainAltcoin.