Toncoin Grinds at $1.60 as Futures Longs Clash with Spot Silence
Toncoin (TON) is stuck at $1.60 in a low-volume compression zone, with momentum flatlined and key moving averages stacked overhead.
The broader Layer-1 space remains shackled to Bitcoin's directional indecision, and TON's Telegram integration thesis alone isn't enough to manufacture a bid.
The moving average stack is sending an unambiguous medium-term message: sellers are stacked above.