"TON has experienced a stable performance in the market, maintaining its value even as funding rates have turned positive, which indicates a favorable shift in trading dynamics. This recent development has caught the attention of traders, particularly as they focus on the significant $1.60 price zone, a key level that could indicate potential opportunities or trends in future trading activities. Here’s a closer look at the reasons behind this increased interest and what it might mean for future price movements."
source: https://blocknews.com/ton-holds-steady-as-funding-rates-flip-positive-here-is-why-traders-are-watching-the-1-60-zone/