$LOKA JUST SNAPPED BACK – BUT CAN IT HOLD ABOVE $0.0740?
$LOKA/USDT is attempting a recovery after a brutal sell-off, bouncing from the $0.0681 low to hit $0.0741. It’s now holding at $0.0739, still down -7.28% on the day but showing early signs of a reversal.
Key Price Zones to Watch:
• Resistance to Break: $0.0740 – $0.0760 — Price needs a strong push above to confirm upside.
• Support to Defend: $0.0720 — This level caught the last dip and sparked the bounce.
Scalp Trade Setup:
• Entry: $0.0736 – $0.0740
• TP1: $0.0755
• TP2: $0.0780
• Stop-Loss: Below $0.0720
$LOKA is showing a reactive bounce, but bulls need to flip $0.0740 into support quickly. Keep a close eye on volume—this recovery could pick up steam or stall out fast.