Toncoin (TONUSD) declined in its latest intraday trading, with negative signals showing on the RSI, while downside pressure continues from trading below its 50-period SMA. In the background, the main short-term bearish trend remains dominant, with price action moving along a descending trend line that supports this path.

Therefore, we expect the currency to fall in its upcoming intraday trading, as long as resistance at 3.2018 holds, targeting the key support level of 3.0218.

Todays price forecast: Bearish.