$TKO $TKO
Analysis of TKO/USDT Chart with Trade Strategy
Current Price: 0.3517 USDT (+3.44%)
24-hour High: 0.3519 USDT
24-hour Low: 0.3321 USDT
24-hour Volume: 3.32M TKO / 1.15M USDT
Chart Analysis:
The chart shows a bullish trend, with the price breaking above the resistance level around 0.3500 USDT. Key support is at 0.3450 USDT, while the next resistance is at 0.3550 USDT.
Trade Strategy:
1. Entry Point: Consider entering a long position above 0.3500 USDT.
2. Stop Loss: Place a stop loss below 0.3450 USDT to manage risk.
3. Take Profit: Target the next resistance level at 0.3600 USDT.
The projected upward trend suggests a potential rise, making this a favorable trade setup. Ensure proper risk management by monitoring key levels and volume activity.