LOKA explodes +28% and regains attention after weeks of being dull
The asset rose from the low of $0.0410 and broke through the short-term averages with strength, entering a territory of possible short-term reversal.
📊 [Daily Chart – LOKA/USDT]
• Current price: $0.0628 (+28.16%)
• RSI(6): 71.95 → entered the overbought zone
• Volume: skyrocketed — sign of strong player entry
• EMAs:
↪ EMA7: $0.0557 ✅
↪ EMA25: $0.0552 ✅
↪ EMA99: $0.0759 ❌ (still distant, important resistance)
The break of the short EMAs with a strong candle and volume above average signals that LOKA may have formed a technical bottom. The challenge now will be to sustain this momentum.
📌 Important levels:
• Immediate resistance: $0.0647 (daily high)
• Key resistance: $0.0759 (EMA99)
• Short support: $0.0552 (EMA25) and $0.0518 (previous top)
🟢 Possible strategy (DCA):
→ Those seeking gradual exposure may consider partial entries on slight corrections.
→ High RSI calls for caution for late entries — waiting for pullbacks may provide better points.
→ Break of $0.065 with volume opens the way to attempt $0.075–0.08.
✍️ Technical summary:
☑️ Strong reversal from $0.041
☑️ Short EMAs broken with strength
⚠️ RSI in overbought — watch for pullbacks
🔸 Volume confirms real interest
⏳ Break of EMA99 would change the structural scenario
Disclaimer: This analysis is for educational purposes and does not constitute investment advice. Always do your own research.
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