$TKO is currently trading around 0.0803, showing a -2.31% move in the last 24 hours. After a short-lived push toward 0.083, price failed to hold higher levels and started printing consecutive lower highs and lower lows. On the 1H timeframe, bearish candles dominate, suggesting sellers are in control and downside pressure is building. The recent move looks more like a failed breakout followed by distribution, not healthy consolidation.

If current support weakens, price could slide further before any meaningful bounce.

Trade Setup (Short Bias)

• Entry Zone: 0.0808 – 0.0815

• Target 1: 0.0795

• Target 2: 0.0782

• Target 3: 0.0765

• Stop Loss: 0.0822

A clean break below 0.0800 with strong volume can accelerate the move toward lower targets. However, if bulls reclaim 0.082+ and hold it, this bearish setup becomes invalid and price may shift back into a recovery phase. Trade with confirmation and manage risk carefully.

TKO

0.0793

-2.69%