Toncoin Drops to $2.07 as Selling Pressure Increases – 11/11/2025
Toncoin (TON) slid 2% to $2.07 over the past 24 hours, extending a week-long downtrend defined by lower highs and persistent selling.
The token briefly rose toward $2.16 before reversing, with the move recording the highest trading volume of the period—3.61 million TON exchanged—signaling strong resistance, according to CoinDesk Research. After holding near $2.10 for several sessions, TON fell to $2.067, with volume surging during the breakdown.
Traders are now watching $2.05 as the next key support. A breach could continue the downtrend, while recovery would require reclaiming $2.10 and testing $2.16. Momentum indicators point to near-term weakness, though TON’s decline has been more contained than larger altcoins.
