a bearish technical analysis post for $LOKA
/USDT on Binance:
LOKA/USDT Bearish Setup in Progress š®ā 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.
š» Entry Zone: $0.0515 ā $0.0525
š» Target šÆ 1: $0.0500
š» Target šÆ 2: $0.0480
š» 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 š
Timeframe: 15m ā 1h (Short-Term Setup)
Watch support closely ā a clean breakdown could accelerate the drop!
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