$TKO /USDT short trade signal 🚦 🛑
BEARISH UNDER PRESSURE — WEAK MOMENTUM STRUGGLING NEAR SUPPORT! ⚠️
$TKO/USDT is trading at $0.1707, showing a slight recovery of +1.01%, but still trapped below the key resistance at $0.1727. The price has failed to retest the previous high of $0.2000, forming lower highs and sitting just above crucial support at $0.1660 — suggesting bearish bias unless a strong push breaks the range.
📊 Key Levels:
Support: $0.1660
Resistance: $0.1727 / $0.1800
Current Price: $0.1707
🔻 Trade Setup (Short):
Entry: $0.1705 – $0.1720
Targets (TP): $0.1655 / $0.1600
Stop Loss (SL): $0.1745
📉 Market Outlook:
Momentum indicators (StochRSI) are near oversold but not reversing yet. If price fails to break above $0.1727 with volume, expect another drop. Short-term bias remains bearish until breakout confirms.
⚠️ Risk Management:
Use stop-loss above resistance and limit trade size. Avoid overexposure during uncertain trend phases — secure gains early.
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