Market Overview for Toko Token/Tether (TKOUSDT)

Summary
• Price drifted lower after a morning rally, with key resistance at 0.0865–0.0869 and support at 0.0852–0.0855.
• Volume spiked during the late morning and early afternoon, confirming the pullback.
• RSI shows bearish momentum, with prices nearing a 61.8% Fib level of the 24-hour swing.
• Bollinger Bands reflect moderate volatility, with price near the lower band in the final hours.
• A bullish engulfing pattern failed to hold, suggesting further downside risk in the short term.

Toko Token/Tether (TKOUSDT) opened at 0.0859 on December 15, 2025, 12:00 ET, and closed at 0.086 on December 16, 12:00 ET, with a high of 0.0881 and a low of 0.0846. Total 24-hour volume was approximately 1,870,471.1 units, with a notional turnover of 157.26 (volume × price).

Structure & Formations

The 24-hour price action formed a broad descending triangle, with resistance consolidating between 0.0865 and 0.0869, and support holding at 0.0852–0.0855. A morning rally failed to sustain above 0.0869, forming a potential bearish continuation pattern. A bearish engulfing candle at the top of the morning high and a long lower wick in the afternoon confirmed the breakdown.

Moving Averages

On the 5-minute chart, price closed below both the 20-period and 50-period moving averages, reinforcing bearish bias. On the daily timeframe, no clear alignment with 50/100/200 MA is available due to insufficient data, but the intraday trend suggests further testing of lower support levels.

MACD & RSI

MACD crossed below the signal line midday, confirming bearish momentum. RSI dropped below 40 in the afternoon and approached 30 by the final hours, indicating oversold conditions. While a bounce could follow, the overall trend remains bearish with weak divergence in the latter half of the session.

Bollinger Bands

Volatility remained moderate throughout the session, with price drifting near the lower Bollinger Band for most of the final half. The bands did not contract, suggesting no significant mean reversion expected in the short term.

Volume & Turnover

Volume was uneven, with strong spikes during the morning rally and again in the afternoon. Notional turnover rose during these periods, confirming the price moves. However, volume during the morning high was insufficient to break through key resistance, suggesting weak conviction in buyers.

Fibonacci Retracements

Price approached the 61.8% Fib level of the 24-hour swing (0.0881–0.0846), which currently sits at around 0.0855. A break below this level may see price testing 0.0846. On the 5-minute chart, key retracements at 0.0857 and 0.0852 also failed, pointing to potential follow-through weakness.

Price may consolidate near 0.0855–0.0858 in the near term, with a possible pullback toward 0.0848 if the 0.0852 support breaks. Investors should remain cautious of further downward momentum, particularly if volume confirms the breakdown.