$TKO has seen a slight decline of -0.076% in the past 24 hours.
The 24-hour high stood at 0.133 and the low at 0.1299, indicating limited volatility.
Currently, TKO is contained within Bollinger Bands, with the upper band at 0.132 and the lower band at 0.1305.
Support at 0.1299 is holding, but resistance at 0.133 remains a challenge.
The overall market trend is bearish, and macroeconomic factors like inflation and regulatory scrutiny weigh on investor sentiment.
Bitcoin’s influence appears muted at the moment, suggesting TKO's movements may be driven by specific project developments or market sentiment.
Given the current volatility and prevailing downtrend, traders might consider a short-term approach to capture marginal gains.
In summary, while TKO is facing technical challenges, keen traders can leverage this lull in volatility for potential entry points as macroeconomic conditions stabilize.
