- Toshi breaks out of its descending channel, aiming for critical resistance at $0.00034224.
- Market sentiment improves as transactions and open interest surge, signaling growing confidence.
Toshi [TOSHI] has surged by an impressive 20% over the past 24 hours, capturing the interest of crypto traders.
At press time, TOSHI was trading at $0.00029317, showing a decisive breakout from a descending channel that had constrained its price for months.
This breakout is significant as it positions the price to test the key resistance at $0.00034224. If $TOSHI clears this resistance level, it could target the next milestone of $0.00059901, signaling a potential long-term trend reversal.
However, failure to hold above the breakout zone may lead to a retest of lower support levels, requiring cautious optimism from traders.
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