$LOKA IN DANGER ZONE – WEAK REBOUND OR DEAD CAT BOUNCE?
LOKA is trading at $0.0680, down -6.72% after a sharp drop from intraday highs. Although price bounced off the $0.0663 low, recovery is struggling near resistance.
Key Levels to Watch:
• Resistance: $0.0685 – $0.0695
• Support: $0.0665 – $0.0650
Trade Setup:
Bullish Scenario:
• Entry: Above $0.0685
• TP1: $0.0695
• TP2: $0.0710
• SL: Below $0.0665
Bearish Scenario:
• Entry: Below $0.0665
• TP1: $0.0650
• TP2: $0.0630
• SL: Above $0.0685
Volume is low at 3.52K, and order book bias is slightly bearish. Watch for confirmation before entering—momentum remains fragile.