Here’s the Setup That Could Trigger Toncoin (TON) Next 30x Price Rally

Toncoin has experienced a difficult period since its 2024 peak. The asset now trades far below those highs after a prolonged decline across the broader crypto market. Recent price action shows TON down more than 80% from the previous cycle top. That steep correction has placed the token inside a zone that some analysts believe could become a long-term accumulation area.

Crypto analyst Crypto Patel recently shared a detailed chart that outlines a potential recovery path for Toncoin. His analysis suggests the current market structure may resemble earlier phases of large crypto rebounds. Crypto Patel argues that deep corrections inside long macro trends sometimes appear before major price expansions.

A look at the Toncoin chart shows a long downward move that followed the previous rally. Price gradually lost momentum after reaching the earlier peak. Selling pressure then pushed TON toward a wide demand zone that sits between roughly $0.90 and $1.20.

Crypto Patel explains that this region has acted as strong support during earlier market cycles. The chart shows Toncoin entering that area again after a steep decline that measured more than 80% from the 2024 high.

Price briefly dropped below $1 before moving back above the zone. Crypto Patel describes that move as a liquidity sweep. Market structure often creates those sweeps when price falls below obvious support levels before reversing upward.

The chart marks this region as a potential entry area because buyers historically step in there. Price stabilization around that zone may indicate that selling pressure has weakened.

Source: @CryptoPatel / X

Toncoin Structure Could Change If TON Reclaims The $1.95 Level

Crypto Patel identifies one key level that could determine whether Toncoin begins a recovery phase. The chart shows a descending trendline that has capped price movement throughout the decline. That trendline intersects near the $1.95 region.

Crypto Patel explains that a decisive move above $1.95 would reclaim the broken market structure. Price acceptance above that level could indicate that sellers no longer control the trend.

The chart labels that moment as a bearish trend invalidation point. Crypto Patel believes Toncoin would enter a bullish structure once that barrier breaks and holds.

Market structure changes often start with such breakouts. Previous crypto cycles show that reclaiming a major resistance zone frequently leads to a new expansion phase.

Toncoin Chart Targets Suggest Possible $7, $15, And $30 Price Zones

Crypto Patel outlines a series of potential targets if Toncoin successfully reclaims the key resistance level. The chart displays three major zones that align with earlier price structures.

The first target sits around $7. That level corresponds with a previous consolidation range during the earlier uptrend. A return to that zone would represent the first large recovery phase.

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The second target appears near $15. Crypto Patel marks that region as another historical resistance zone where price previously stalled.

The final long term target sits around $30. That level appears near the top of the projected expansion channel drawn on the chart.

Crypto Patel notes that deep retracements often occur during major crypto uptrends. Past cycles across the market show that assets sometimes drop more than 80% before entering their next growth phase.

Toncoin Chart Also Shows a Clear Invalidation Level Near $0.75

Every bullish scenario also includes a level where the analysis becomes invalid. Crypto Patel points to the $0.75 region as the line that would weaken the recovery thesis.

The chart marks this level as a stop loss zone if price closes below it on the weekly timeframe. A breakdown under that area would suggest the demand zone has failed.

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Risk levels such as this help traders evaluate both upside potential and downside exposure.

Toncoin now sits at a technical crossroads after months of decline. Crypto Patel believes the current structure resembles earlier accumulation phases seen across crypto cycles.

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

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