š¦ $LOKA /USDT Rocket Burnout, Bears Ready for Reentry? šš
$LOKA ripped higher toward $0.0647 but slammed straight into heavy resistance, with red candles printing and RSI rolling over. That points to a solid pullback brewing as the vertical run cools off.
š» Short Setup (4H):
ā¢ Entry: $0.0555ā$0.0565
ā¢ Take Profit 1: $0.0530
ā¢ Take Profit 2: $0.0505
ā¢ Take Profit 3: $0.0482
ā¢ Stop Loss: $0.0585
š Market Outlook:
Momentum is clearly fading after the blow-off top, with bears stepping back in. Expect a lower-high pattern to play out if sellers hold control.