$LOKA

/USDT Technical Analysis – Bearish Setup

LOKA is currently trading at $0.0586 (+16.04%), after hitting a 24h high of $0.0647 and a low of $0.0504. Despite the upward move, indicators suggest a potential bearish reversal is forming.

🔻 Trend Outlook: Bearish Divergence

📉 Entry (Short): $0.0600

🎯 Target 1: $0.0545

🎯 Target 2: $0.0500

📍 Stop-Loss: $0.0655

🔍 MACD shows early signs of weakening momentum, while RSI nears overbought territory. Volume is also slowing down post-surge, hinting at a likely pullback.

Watch price action closely near resistance zones. If rejection occurs, a short entry could yield good risk-reward.

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