$TKO /USDT BEARISH BREAKDOWN 🔻 | SHORT SETUP IN PLAY
Current Price: $0.1533
Trend: Bearish
Technical Overview
TKO is showing clear downward pressure after failing to hold above key short-term resistance. The recent rejection from the $0.1680 area confirms seller dominance.
Key Levels
Resistance Zones:
$0.1600 – $0.1620 (Minor) $0.1660 – $0.1680 (Major)
Support Zones:
$0.1500 (Minor)
$0.1450 (Major)
> Price is currently hovering near $0.1533, right above key short-term support. A break below $0.1500 could accelerate the move down.
Trade Setup: SHORT
Entry: On break and close below $0.1500
Stop Loss (SL): $0.1565 (Above last rejection candle)
Take Profit (TP):
TP1: $0.1450
TP2: $0.1380
Risk Management Tip
Risk only 1-2% of your total capital per trade. Stick to your SL and avoid chasing entries—wait for confirmation candle below support!
Momentum favors bears—stay sharp, set alerts, and follow your plan#USCryptoWeek #ArbitrageTradingStrategy #BTCBreaksATH #ShariaEarn #Write2Earn $TKO
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