Toncoin Breaks Resistance at $3.72 After 6.15% Rally

I see the recent surge in Toncoin's price by 6.15%, with it currently trading at $3.61, as a strong indication of bullish momentum. The core focus now is on the key resistance level at $3.72, which the bulls are actively aiming to break through. The RSI nearing overbought territory suggests that while the current trend is bullish, there might be some caution due to potential overextension. If the price can sustain above $3.72, it could pave the way for further upward movement, possibly confirming a short-term breakout. However, a failure to breach this resistance might result in a retracement or consolidation, as traders might take profits near overbought levels.