$TKO
/USDT Technical Analysis and Trade Signal
Current Price: $0.4838
Trend: Bullish (19.34% increase in the last 24 hours)
Key Levels:
Resistance: $0.5100 (24h High)
Support: $0.3832 (24h Low)
Trade Signal (Momentum: Bullish)
Buy Signal: Consider buying if the price sustains above $0.4850, showing strength from the current momentum.
Target Levels:
1. First Target: $0.4950 (Next resistance)
2. Second Target: $0.5050 (Intermediate resistance before $0.5100)
3. Third Target: $0.5200 (Above recent high for bullish continuation)
Trade Momentum:
RSI: Neutral to bullish—check for any overbought or overextended signals.
MACD: Positive crossover indicates continued buying pressure.
Stop-Loss: Place stop around $0.4700 to manage risk in case of reversal.
This strategy aims to capitalize on the strong upward momentum while being mindful of potential resistance levels.
