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Toncoin price surges with a strong breakout and a 6x leveraged long position spotted.

Technical Signals
05 May 2026
UToday
Bullish
pluang ai news

Toncoin has experienced a sharp bullish breakout after months of decline, breaking key resistance levels with increasing trading volume. A new 6x leveraged long position worth about $1.31 million was opened, signaling strong investor confidence in continued price gains. The price is now holding above the $1.50 resistance level, which is crucial for sustaining the bullish momentum and targeting higher levels around $1.80 to $2.00. However, the leveraged position also introduces risk, as a price drop toward the liquidation level could trigger rapid declines.

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