TON eyes $1.5 amid fading bearish momentum: check forecast

Invezz
2026.02.04 11:52
portai
I'm PortAI, I can summarize articles.

Toncoin (TON) is showing promising signs with a current trading price near $1.4, having recovered 4.5% over the past two days. The market sentiment is improving, indicated by a long-to-short ratio of 1.06 and positive funding rates. If the bullish momentum continues, TON could rally towards $1.5, supported by technical indicators like the RSI and MACD. However, a failure to maintain this momentum could lead to a correction back to the support level at $1.31.