Toncoin (TON) token has recorded a near 72% decline year-over-year, leaving the token at a technical crossroads as mid-December 2025 trading displayed mixed signals. Market observers flagged support and short-term rebounds alongside persistent selling pressure, with key levels around $1.6025–$1.635 determining the immediate direction.
Market performance and price action for TON Token
Between December 9 and December 15, 2025, TON slid sharply year-to-date, approaching a 72% loss compared with its level twelve months earlier, according to contemporaneous market reports. On December 9, TON fell about 2% to $1.625, and by December 15 it posted a 3.4% drop to $1.5567; over the same 24-hour window the broader CoinDesk 20 index declined roughly 1.8%, indicating TON underperformed the wider benchmark amid elevated volatility. Intraday activity during this period featured pronounced spikes in trading volume on both declines and brief recoveries, which market reports interpreted as active trader repositioning.
Support and resistance levels concentrated attention on the $1.6025 support zone and a near-term upside trigger at $1.635. A temporary low near $1.5449 produced short rebounds, but analysts described technical indicators as mixed, with buyer interest insufficiently sustained to negate prevailing selling pressure.
(Note: in trading niche, “support” is the price level where buying interest is expected to offset selling and slow a decline.)
Technical picture and implications for traders and treasuries
Technical patterns observed in mid-December showed the price briefly forming higher lows on increasing volume after testing the $1.6025 area, a structure some analysts view as early evidence of systematic buying. Market commentary suggested a decisive move above $1.635 could confirm a broader reversal, while a drop below $1.602 would reintroduce downside risk and likely invite further selling.
For active traders, the environment implied elevated intra-session volatility and the need for tighter risk controls; volume spikes signaled rapid position turnover rather than steady accumulation. Cryptocurrency treasuries and institutional holders face a trade-off between harvesting losses and waiting for a confirmed technical pivot, with mixed indicators recommending waiting for either a confirmed close above $1.635 on meaningful volume or a clear break under $1.602 before adjusting strategic allocations.
“The prevailing sentiment was one of watchful anticipation,” market reports noted, capturing the cautious stance taken by many participants as they awaited clearer confirmation.
TON entered a critical technical juncture in mid-December 2025, with near-term direction hinging on a confirmed breakout above $1.635 or a renewed break below $1.602. Next verified milestone: a sustained close above $1.635 or a decisive break below $1.602, both of which would materially change the short-term risk profile.
