$LOKA /USDT STRONG BOUNCE FROM BOTTOM ๐ฅ | LONG TRADE SETUP
๐ฎ Current Price: $0.0574
๐ 24h High: $0.0647
๐ 24h Low: $0.0511
๐ 24h Volume (LOKA): 154.59M
๐ฐ 24h Volume (USDT): $8.97M
๐ 24h Change: +11.46%
๐ TECHNICAL ANALYSIS
LOKA has posted an impressive double-digit gain, rebounding from the $0.051 support zone. The price is now consolidating below the key resistance zone at $0.060, following a bounce backed by strong volumeโsignaling potential continuation.
A breakout above $0.060 could accelerate momentum toward previous highs.
๐ KEY LEVELS TO WATCH
Resistance Zones:
๐บ $0.0600 โ Immediate resistance
๐บ $0.0647 โ 24h high
๐บ $0.0700 โ Major resistance from previous range
Support Zones:
๐ข $0.0550 โ Local support
๐ข $0.0510 โ Daily low (strong bounce zone)
๐ข $0.0450 โ Historical support
๐ LONG TRADE SETUP
Entry Zone: $0.0560 โ $0.0575 (pullback or consolidation entry)
Target 1: $0.0600
Target 2: $0.0640
Target 3 (Extended): $0.0700
Stop-Loss: $0.0510 (below bounce level)
๐ก RISK MANAGEMENT
โ Risk only 1%โ2% of capital
๐ Tight stop-loss to guard against volatility
โ๏ธ Maintain 1:2+ risk-to-reward
๐ Monitor volume and BTC/ETH direction
๐ SUMMARY:
$LOKA/USDT is showing strong bullish potential off recent lows. If bulls push above $0.060 with volume, this move could extend to $0.064โ$0.070. Watch for consolidation near support to catch a safer entry.
> Ride the breakout. Protect your capital. Not financial advice.
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