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CryptoUpdated•Originally published 18 April 2026•Updated 19 April 2026•

1 min read

TON Breaks Critical Support Levels Amid Increasing Selling Pressure

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Key Facts

1Polkadot (DOT) is facing compression at the $1.34 resistance level with an imminent breakout expected.

2Reports indicate institutional money is piling into long positions for DOT.

3Failure to break above $1.40 could lead to a price retracement toward $1.25.

about 2 months ago

Version History

Version 1about 2 months ago

What changed: The focus shifted from Polkadot's resistance testing to a significant bearish breakdown in TON, which lost 5% of its value and breached key support levels.

TON has experienced a sharp bearish shift in its price action, breaking through the critical $1.30 support level. This technical breakdown resulted in a 5% plunge, setting a clear path for further declines toward the $1.19 mark. Momentum indicators currently confirm that bears have seized control of the market, dampening hopes for a quick recovery. This downturn comes as traders closely monitor liquidity levels for any signs of price stabilization. The breach of the $1.30 support represents a pivotal turning point that may force investors to re-evaluate their short-term positions. Caution remains the priority as sustained selling pressure continues to dominate the asset's price movement.