a bearish technical analysis post for $LOKA

/USDT on Binance:

LOKA/USDT Bearish Setup in Progress šŸŽ®āš ļø

LOKA is struggling to recover after a rejection near $0.0541 and is now trading near local support. With lower highs forming and volume fading, sellers may take control.

šŸ”» Entry Zone: $0.0515 – $0.0525

šŸ”» Target šŸŽÆ 1: $0.0500

šŸ”» Target šŸŽÆ 2: $0.0480

šŸ”» Stop Loss: $0.0545

The 15m chart shows bearish structure building, and a drop below $0.0502 (24h low) could trigger a sharper move down.

Trend: Bearish šŸ“‰

Timeframe: 15m – 1h (Short-Term Setup)

Watch support closely — a clean breakdown could accelerate the drop!

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