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(TKOUSDT) ended near 0.1753, rebounding from a 24-hour low of 0.1682 with a volatile 15-minute structure.
• A bullish engulfing pattern formed near 0.174–0.1749, reinforcing potential short-term support.
• Volume spiked to 134,924.9 at 0.1820, aligning with a strong close at 0.1807, suggesting buying conviction.
• RSI and MACD indicate overbought levels, pointing to possible short-term pullbacks.
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Bands show moderate expansion after a period of contraction, indicating increased volatility.
Tokocrypto (TKOUSDT) opened at 0.1706 on 2025-08-15 12:00 ET and surged to a high of 0.1822 before closing at 0.1791 on 2025-08-16 12:00 ET. The 24-hour total volume was 1,743,013.0, with a notional turnover of $318,602.3.
Structure & Formations
The 15-minute chart showed a key support zone forming around 0.173–0.174, reinforced by a bullish engulfing pattern during early ET hours. A minor resistance cluster appeared near 0.1755–0.1764, where multiple candlesticks tested but failed to break through decisively. A doji at 0.1762–0.1764 suggested indecision, hinting at potential pullbacks.
Moving Averages
On the 15-minute timeframe, price closed above both the 20-EMA and 50-EMA, indicating short-term bullish momentum. On the daily chart, the 50/100/200-day moving averages are not yet available, but the 15-minute MA crossover reinforces near-term strength.
MACD & RSI
The MACD turned positive during the late ET session, with a narrow histogram indicating consolidating bullish pressure. RSI reached overbought territory near 70 during the rally to 0.1820, suggesting a likely near-term correction. The divergence between the RSI peak and the price high at 0.1822 could signal weakening momentum.
Bollinger Bands
Bollinger Bands showed a clear contraction during the early morning hours followed by a sharp expansion after the 0.1741–0.1772 rally. Price closed near the upper band at 0.1791–0.1807, which could trigger a short-term reversal unless it breaks the 0.1822 high.
Volume & Turnover
Volume spiked at 134,924.9 during the 15:15 ET candle as price hit a high of 0.1820, with close alignment to the notional turnover of $182,000. This confirms buying interest at key levels. A divergence in volume during the 16:00 ET candle, however, shows waning momentum.
Fibonacci Retracements
Fib levels on the 15-minute swing from 0.1682 to 0.1772 show that price retested 61.8% (0.1724) and then moved into the 78.6% (0.1757) and 88.6% (0.1778) levels. The 0.1791–0.1807 close suggests price is approaching the 100% extension target of 0.1797–0.1808, which could be a key watch level.
Looking ahead, Tokocrypto may test the 0.1822–0.1830 resistance level if buying pressure resumes. However, overbought RSI levels and the lack of significant follow-through volume increase the risk of a short-term pullback. Investors should remain cautious about entering long positions near overextended levels.
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