The TOMO price dropped to the support area.
Hello everyone, let's take a look at the 1D TOMO / USDT chart.
We can see that the price is constantly moving under the downward trend line and is currently in a place from which it has already rebounded several times.
Let's move on to the designation of the support lines. As you can see, the first support is at $ 0.95, just above it is the current TOMO price, if the price breaks it, the next support is at $ 0.671
It is also worth determining the resistance that price is facing in the event of increases. Here we find the first resistance at the price of $ 1,279, while looking further, we can find the resistance at the price: $ 1,470, $ 1,629, $ 1,787, $ 2,011.
In the CHOP indicator, we can see that the energy has run out and we shouldn't have a lot of movement right now.
We can see that the price is constantly moving under the downward trend line and is currently in a place from which it has already rebounded several times.
Let's move on to the designation of the support lines. As you can see, the first support is at $ 0.95, just above it is the current TOMO price, if the price breaks it, the next support is at $ 0.671
It is also worth determining the resistance that price is facing in the event of increases. Here we find the first resistance at the price of $ 1,279, while looking further, we can find the resistance at the price: $ 1,470, $ 1,629, $ 1,787, $ 2,011.
In the CHOP indicator, we can see that the energy has run out and we shouldn't have a lot of movement right now.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.