Toncoin tests key support near $1.75 after losing momentum from May rally.

Toncoin (TON) has lost the bullish momentum that pushed its price close to $3.00 in May and is now testing a critical support zone between $1.75 and $1.80, where key moving averages converge. Despite buyers defending this level, repeated resistance near $2.00-$2.10 and declining trading volume indicate cautious market sentiment and weakening buyer confidence. The long-term bullish trend remains intact as TON trades above its 200-day moving average, but failure to hold support could lead to a drop toward $1.50. A move back above $2.00 could spark a rally to $2.40-$2.50, making the current consolidation phase crucial for TON's next price direction in 2026.