Toncoin Slides to $2.07 as Selling Pressure Mounts – 11/11/2025
Toncoin (TON) dropped 2% to $2.07 over the past 24 hours, extending a week-long downtrend marked by lower highs and steady selling.
The token briefly rose to $2.16 before reversing, with 3.61 million TON traded at that level, highlighting strong resistance, according to CoinDesk Research. After holding near $2.10, TON fell to $2.067, with volume surging during the breakdown.
Traders are now eyeing $2.05 as the next support. A break could continue the downtrend, while a rebound would require reclaiming $2.10 and challenging $2.16. Momentum indicators point to continued short-term weakness, though TON’s decline has been milder than larger altcoins.
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