{"id":30644,"date":"2025-06-06T15:19:52","date_gmt":"2025-06-06T15:19:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=30644"},"modified":"2025-06-06T15:19:52","modified_gmt":"2025-06-06T15:19:52","slug":"ton-finds-strong-support-at-3-00-level-amid-wild-crypto-price-swings","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=30644","title":{"rendered":"TON Finds &#8216;Strong Support&#8217; at $3.00 Level Amid Wild Crypto Price Swings"},"content":{"rendered":"<div>\n<p>Toncoin TON among cryptocurrencies that saw significant price volatility amid the tussle between President Trump and Elon Musk on the state of the U.S. economy. <\/p>\n<p>The TON token saw a sharp 7.7% correction on June 5th, according to CoinDesk Research&#8217;s technical analysis model. After dropping from $3.25 to $3.00, the asset found &#8220;strong support&#8221; at the psychologically important $3.00 level, where high trading volume indicated substantial buyer interest, the model showed. <\/p>\n<p>Recent price action shows TON forming a potential support zone between $3.164-$3.168, with buyers consistently stepping in during minor pullbacks. The hourly volume profile indicates sustained buying interest despite previous volatility.<\/p>\n<p>The move comes as the CoinDesk 20 (an index of the top 20 cryptocurrencies by market cap except for stablecoins, exchange coins and memecoins) is down 0.8% in the last 24 hours.<\/p>\n<p><strong>Technical analysis highlights<\/strong><\/p>\n<p>\u2022 TON experienced a 7.7% correction from $3.25 to $3.00 with peak volume exceeding 10 million units during the sell-off.<\/p>\n<p>\u2022 Strong support established at the $3.00 psychological level, creating a high-volume demand zone.<\/p>\n<p>\u2022 Recovery of 5.6% over 18 hours brought the token\u2019s price back to $3.17.<\/p>\n<p>\u2022 Temporary resistance levels at $3.11 and $3.15 briefly slowed momentum.<\/p>\n<p>\u2022 Recent 2.5% surge from $3.14 to $3.17 in the last hour.<\/p>\n<p>\u2022 Significant volume spike broke through key resistance at $3.15.<\/p>\n<p>\u2022 Support zone formed at $3.16-$3.18 with consistent buyer interest during pullbacks.<\/p>\n<p>\u2022 Profit-taking was observed at $3.17, followed by a higher low at $3.16, indicating continued bullish structure.<\/p>\n<p><strong><em>Disclaimer:<\/em><\/strong>\u00a0<em>Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to<\/em>\u00a0<em><a href=\"https:\/\/www.coindesk.com\/ethics\">our standards<\/a>. For more information, see<\/em>\u00a0<em><a href=\"https:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\">CoinDesk&#8217;s full AI Policy<\/a>.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Toncoin TON among cryptocurrencies that saw significant price volatility amid the tussle between President Trump and Elon Musk on the state of the U.S. economy. The TON token saw a sharp 7.7% correction on June 5th, according to CoinDesk Research&#8217;s technical analysis model. After dropping from $3.25 to $3.00, the asset found &#8220;strong support&#8221; at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-30644","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30644"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30644\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}