$LOKA

📉 Market Structure & Price Action

Bearish trend initially (confirmed by CHoCH and multiple BoS).

Strong reversal with a clean CHoCH, followed by an impulsive rally to the red supply zone (~$0.0955).

Price has since broken down from the ascending trendline and is approaching a demand zone around $0.0845–$0.0855.

🟥🟩 Supply & Demand Zones

Supply Zone (Resistance): ~$0.0945–$0.0955 — price strongly rejected here.

Demand Zone (Support): ~$0.0845–$0.0855 — currently the most relevant level to watch for bounce/reversal.

📊 RSI Analysis

RSI at ~42, showing bearish momentum.

No clear bullish divergence yet, but nearing oversold, which often precedes short-term reversals.

🎯 Trade Setup Idea (LOKA)

Entry Zone: $0.0845–$0.0855.

Stop Loss: Below $0.0840.

Take Profit Targets:

TP1: $0.0880.

TP2: $0.0945 (supply zone retest).

✅ Conclusion

$LOKA looks more favorable short-term due to proximity to a key demand zone and better R/R setup.

Watch for confirmation (engulfing candle, volume spike, or RSI bullish divergence) near $0.085 before entering.

#loka