🌟 Price update for $TKO on December 11, 2024 🌟

• Current price: $0.57

• 24-hour change: Up 0.31%

• 24-hour trading volume: $8,259,287

• Market capitalization: $97,335,251

• Circulating supply: 168.5 million TKO

🐋 Whale behavior analysis&

On-chain data indicates:

1. Main accumulation zone: $0.240 - $0.245

2. Distribution zone: $0.60 - $0.70

Currently, whales are focusing on accumulating at lower price levels, indicating expectations of a price increase in the short term. However, there are no signs of unusual trading from large wallet addresses.

📈 Technical analysis

• MA50 and MA200: The price is trading below both main moving averages, indicating that the medium-term trend is still bearish.

• RSI (Relative Strength Index): 45, in the neutral zone.

• MACD: The MACD line has just crossed above the signal line, which is a positive short-term sign.

• Support: $0.40

• Resistance: $0.65

📊 Medium-term assessment

With the current indicators, TKO is likely to fluctuate around the $0.40 - $0.65 range in the coming weeks. If the price surpasses $0.65, this will be a good signal to consider investing. However, one should be cautious as the long-term trend remains unclear.