Toncoin's Volatile Path: Will It Hit the $8.30 Mark?

Toncoin (TON) has broken out of a bullish pennant pattern, trading at $5.52 with a 3.22% increase, and is now targeting a resistance level of $6.03. If it surpasses this, it could reach an ambitious target of $8.30, supported by strong technical indicators like the MACD crossover and rising Fibonacci levels. On-chain metrics also show growing investor confidence, with increased whale concentration and large transactions. The next few days are crucial for confirming this bullish trend.