<strong><em><a href="https://www.cryptoknowmics.com/news/tomochain-tomo-prints-higher-finds-resistance-at-0-65/">TomoChain</a> is steady, adding six percent on the last trading day. Still, TOMO bears are in control until there is a conclusive close above $0.40 with rising trading volumes.</em></strong>
<h2><strong>Past Performance of TomoChain</strong></h2>
Amid a crypto bear onslaught, TOMO crypto is steady, soaking in selling pressure in the past trading day. The token is up by six percent and is firm against the USDT. From the daily chart, bears are still in control, although there is a higher high relative to the lower BB. The primary support remains at $0.40, flashing with June 16 lows.
<h2><strong>TomoChain Technical Analysis</strong></h2>
<a href="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/06/TomoChain-TOMO-Daily-Chart-for-June-18.png"><img class="alignnone size-full wp-image-240321" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/06/TomoChain-TOMO-Daily-Chart-for-June-18.png" alt="TomoChain TOMO Daily Chart for June 18" width="1366" height="768" /></a>

TOMO token prices are up versus the greenback in the past trading day. However, sellers are in control, and prices trend above the immediate support level at $0.40. In the short term, a close above $0.48 could jolt demand, forcing TOMO bulls into action. A close above this liquidation level with rising trading volumes may push the coin towards $0.70 as prices bottom up. If not, losses below $0.40 with rising volumes could see prices align with losses of June 10 through 13 towards $0.23 in a bear trend continuation pattern.
<h2>What to Expect from TOMO?</h2>
Sellers are firm, but there are attempts of higher high. The immediate support line is at $0.40. Meanwhile, gains above June 16 highs, TOMO technical analysis shows, may spark more demand in the short term.

TomoChain Soaking Selling Pressure, Will TOMO Bulls Hold Above $0.40?

TomoChain Technical Analysis shows that it is up bysix percent on the last trading day. Still, TOMO bears are in control.

Dalmas has been passionate about the blockchain and crypto space ever since he’s heard about it. As someone who’s been closely following the trends in the crypto space, Dalmas is excited about what lies ahead in this niche and is all set to explore it. While he’s been advocating crypto adoption for a number of years, he’s himself a HODLer, which makes his voice authoritative and credible.

TomoChain Soaking Selling Pressure, Will TOMO Bulls Hold Above $0.40?

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