Technical analysis by Traders_Notes about Symbol TKO on 7/20/2025

💀 This is beyond a correction — it's a total wipeout. Down 97% from the highs. What looked like a solid accumulation zone? Crushed. Stop-loss hunters had a feast — anyone still holding got flushed out. Now the price is trapped below the former floor — a channel under the channel, the basement of the market. Below that? A void. A drop into the unknown. Yes, there's a theoretical chance of a complete collapse or even a rug pull — unlikely, but your risk management must account for it. 🧠 But here’s what’s more realistic: This is often the exact kind of setup where a silent reversal brews. Fear at extremes. Liquidity dried up. Everyone gave up. First target — a bounce to the midline of the old accumulation zone. ( 0.31-0.34)