🔻 $LOKA is having a pretty rough day.

Price is now at 0.0537, down by about 9%, which is quite a bit.

If you look at the chart, LOKA did make a nice move earlier. It climbed all the way from around 0.0446 up to 0.0647, which was a really good run. But after hitting that top, it started pulling back as sellers stepped in, probably locking in profits.

Now it’s trying to hold above the average level at 0.0529, which is a small positive. If it manages to stay above this, it might build a base and try for another move. But if it drops under, there’s a chance it could head back to test the lower levels again.

These kinds of ups and downs are pretty normal in crypto, especially after strong pushes. It’s all part of the market finding a balance between buyers and sellers.

Just sharing what I see not advice, only my own thoughts. 💛

#REX-OSPREYSolanaETF