$LOKA /USDT – ATTEMPTING A REVERSAL AFTER HEAVY FALL 🔄

$LOKA is showing early signs of recovery after a sharp decline from $0.0616 to a recent low of $0.0477. Now trading at $0.0524 (+4.38%), bulls are trying to reclaim ground — but major moving averages still hover overhead as resistance.

Technical Overview:

🟢 Bounce from oversold levels at $0.0477

🟡 MA-7 crossed above price, short-term support at $0.0522

🔴 Resistance ahead at MA-25 ($0.0545) & MA-99 ($0.0574)

🕹️ 24H Range: $0.0497 – $0.0534

Trade Plan:

🔹 Short-Term Long Setup:

Entry: $0.0510 – $0.0520

TP1: $0.0545 (MA-25)

TP2: $0.0570 (MA-99)

SL: $0.0490

🔹 Caution: Failing to flip $0.0545 into support may trap late buyers. Wait for candle confirmation.

#LOKAUSDT #CryptoSignals #TechnicalAnalysis #Altcoins #BinanceTrading $LOKA