Toncoin slides to $1.29 as Telegram's TON Wallet adds self-custodial Vault yield feature
Toncoin is trading around $1.29 with strong bearish momentum, even as Telegram's TON Wallet launches self-custodial Vaults that generate yield on BTC, ETH, and USDT. Technical signals show TON breaking below its 7-day and 30-day moving averages, with an RSI near 26 pointing to heavily oversold conditions. Key price levels include support in the $1.23–$1.30 zone and resistance at $1.41, $1.79, and $2.02, which traders are watching for potential rebounds or further downside.