$LOKA /USDT BEARISH REVERSAL AHEAD AFTER WEAK BREAKOUT ATTEMPT ๐จ๐
๐ Current Price: $0.0544 (+5.43%)
๐ Date: June 15, 2025
๐ 24H High: $0.0547 | 24H Low: $0.0511
๐ Volume: 18.82M LOKA (~$997K)
๐ KEY LEVELS TO WATCH:
๐ฅ Resistance Zones:
$0.0547 โ Local high & rejection zone
$0.0565 โ Strong supply zone on 4H
$0.0600 โ Key structure resistance
๐ฉ Support Zones:
$0.0511 โ Immediate support
$0.0490 โ Next demand zone
$0.0450 โ Breakdown target support
๐ Indicators Signal Bearish Bias:
๐ป MACD: Bearish crossover forming
๐ EMA 20/50: Acting as overhead pressure
โ ๏ธ Volume: Declining on recent pump = weak buyer strength
๐งจ TRADE SETUP (SHORT ENTRY):
๐ผ Entry Zone: $0.0544 โ $0.0547
๐ฏ Targets:
TP1: $0.0515
TP2: $0.0490
TP3: $0.0450
๐ Stop Loss: $0.0566 (above rejection zone)
โ๏ธ RISK MANAGEMENT ๐
๐ธ Use 1-2% of your capital per trade
๐ธ Place SL strictly to avoid wick hunts
๐ธ Trail SL after TP1 is hit to secure profits
๐ Conclusion: $LOKA /USDT shows weakness at resistance โ ideal for short-term bearish trades. Wait for confirmation before entry! ๐ซ๐
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