Toncoin price holds above $1.20 support, struggles to break $1.40 resistance.

Toncoin (TON) price fluctuates around $1.30, maintaining a critical support level at $1.20 while facing resistance near $1.40. Buyers have attempted to push the price above $1.40 but have not sustained it, keeping the coin range-bound. If TON breaks above $1.40, it could rise to $1.85; otherwise, it is expected to remain stable above $1.20. Technical indicators show sideways movement with price bars above moving averages on the 4-hour chart, suggesting continued range-bound trading.