Toncoin surged by approximately 15% today, breaking through the $6.50 mark and reaching $7. This jump suggests that the cryptocurrency is gaining strong momentum, outperforming major players like Bitcoin and Ethereum. Let's explore the key levels to watch for Toncoin's movement.

Toncoin's recent climb has been impressive, rising from the $5.60 support and surpassing the $6.20 resistance. With a nearly 15% increase in value in just one day, it's currently hovering around $7, entering a consolidation phase near this level.

Analyzing the technical side, the price is holding steady near $6.80 and comfortably above the 100-hour Simple Moving Average, painting a positive short-term picture. Notably, there's a significant parabolic curve around the $6.80 support on the hourly chart of the TON/USD pair. However, a dip below this point might signal a corrective move downward.

At present, resistance is around $6.92, with the primary hurdle at $7.00. A breakthrough here could pave the way for further gains, targeting $7.20 and potentially $7.55. Beyond that, breaching the $8.00 resistance could set the stage for more upward movement.

Should Toncoin enter a downtrend, the $6.80 level becomes a crucial support, closely tied to the parabolic curve. Failure to hold here might lead to a decline towards $5.61.

Looking at technical indicators, the MACD shows signs of losing momentum in the bullish zone for TON/USD, hinting at potential weakening. Moreover, the hourly RSI sits above the 70 level, indicating possible overbought conditions.

For investors, keeping an eye on support levels at $6.80 and $6.60 is crucial. Breaching these could mark the beginning of a larger downtrend. Conversely, surpassing resistance at $6.90 and $7.00 might sustain the upward trajectory.

In conclusion, Toncoin's surge to $7 reflects its robust performance, but vigilance is necessary as it navigates key levels amidst potential shifts in momentum.