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- Tokenfi shows possible reflection signals after a decrease of 70 % since December 2024.
- The critical levels that must be monitored immediately include $ 0.016, resistance at $ 0.025, and the main resistance of 50 EMA at $ 0.034.
Tokenfi offers extreme climb as its price has increased by approximately 50 % in the past 24 hours. Since late 2024, Tokenfi (the distinctive symbol) has shown early indications of its declining direction. Current market activities, along with technical analysis, indicate positive market morale.
Since December 2024, Tokenfi has maintained a strong declining movement on the daily chart with a decrease in about 70 % of peak values during that month. Market data shows a possible pattern on the bottom because a large green candle has raised the price of $ 0.016 to reach $ 0.022.
according to CMC Data, TOKENFI is traded at $ 0.02281 with a profit during the day by 45 %, which indicates ascending. The last market increased increased trading volume, which enhances the potential reflection index.
Will Tokenfi break above EMA for 200 days?
SuperTrend index created its first rise in months at $ 0.016720. The price exceeded immediate resistance, which indicates that the purchase force has increased. The positive difference of MACD appears with the transformation of the graph to the green, while both Macd lines approach each other, indicating the rise in the upward momentum.
The RSI index has witnessed a rapid increase in the longer timetable scheme that is now at 73.78 and reached levels of its arm. There is a strong purchase in the market, but withdrawal may occur soon. The strong price procedure shows the current market strength because RSI has increased significantly from its previous condition.
The level of $ 0.016 works as support for traders who enter parking, but they must expect resistance at 0.025 before reaching 200 EMA at 0.034. Risk management becomes necessary because this potential reflection of the direction in its initial stage and needs to be confirmed by a continuous and higher minimum higher to create a new upward trend.
Traders need to be careful because encryption markets are still volatile. This bullish trend may turn into a short -term relief gathering in a continuous declining direction.
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