$TKO TKO/USDT: Testing New Support Levels Amid 4% Dip
Tokocrypto (TKO) is currently trading at $0.4334, down by 4.03% in the past 24 hours. After hitting a low of $0.4226, the price shows slight recovery, indicating that buyers are stepping in near support zones.
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Key Metrics:
24H High: $0.4680
24H Low: $0.4226
Volume: 3.59M TKO
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Technical Insights:
1️⃣ Support Zone: $0.4200–$0.4220 (critical for bullish rebound).
2️⃣ Resistance Levels:
Immediate: $0.4450
Major: $0.4650
3️⃣ MACD Indicator: Reflecting bearish sentiment, but potential for reversal as volume stabilizes near support.
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Trade Plan:
Buy Zone: Accumulate at $0.4220–$0.4250 if support holds.
Targets:
Short-Term: $0.4450
Mid-Term: $0.4650
Stop Loss: $0.4150 (manage downside risks).
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Observations:
Volume Shift: A surge in buy-side volume near $0.4220 could drive recovery momentum.
Caution: Tight stop-loss recommended, as any breach below $0.4200 may lead to further declines.
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📊 TKO is hovering near its critical support, with potential for a bounce if buyers maintain pressure. Watch for a breakout above $0.4450 to confirm bullish momentum.