Toncoin Stuck in Technical Compression at $1.60

Toncoin (TON) is stuck in a technical compression at $1.60, with momentum oscillators flatlining and price tightening between converging averages.

This kind of compression doesn't resolve with a whimper; it's a spring loading up for a potential break.

The bulls aren't dead, but they're clearly gassed from the persistent structural pressure on mid-cap Layer-1 tokens throughout 2026.

A recent funding rate at +0.354% suggests speculative longs are paying shorts a premium to hold their positions, creating a classic setup for a long squeeze if spot support breaks.