TON Dips 6% Initially, Then Recovers as Global Tensions Mount

TON Slides Before Late Recovery as Macro Headwinds Weigh on Market Sentiment

TON faced a turbulent trading session Thursday, falling sharply in the face of broader market unease tied to escalating global trade tensions. After reaching a session high of $3.47, the token dropped 6.2% to touch a low of $3.22, where it encountered a wave of buying that helped it claw back to $3.27 by the close.

The sell-off mirrored patterns across risk assets, though TON’s rebound highlighted the significance of the $3.22–$3.24 support zone, which held firm despite intensified pressure.

Market Breakdown:

• Price ranged between $3.22 and $3.47 in a volatile 24-hour window — a swing of 7.7%.
• Sellers dominated the middle of the day, rejecting advances near the $3.44–$3.47 resistance band.
• The sharpest losses came after midnight, as risk-off sentiment gripped the market.
• Technical indicators showed strong defense of the lower range, suggesting active accumulation at the support level.
• Modest recovery by session’s end signals that bulls are still present, but the outlook remains cautious amid external uncertainty.

As the macro picture continues to influence crypto flows, TON’s ability to maintain support will be key to determining whether a larger trend reversal is on the horizon.