$LOKA LOKA/USDT

๐Ÿ” Chart Analysis LOKA/USDT (Timeframe 1H)

Current price: 0.0621 USDT

Recent high: 0.1051

Nearest support:

Around 0.0410 (local low)

Minor support: 0.0519

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๐Ÿ“‰ Potential Buy Zone

Based on the chart, here are potential buy zones:

โœ… Ideal Buy Zone (Strong Support):

0.0410 - 0.0450 USDT

This is a strong support area, as the price has bounced from here previously.

Suitable for medium-term entry if the price drops again.

๐ŸŸก Moderate Buy Zone (Pullback Entry):

0.0519 - 0.0550 USDT

This area is resistance that has turned into support (RBS).

It could be a pullback spot before continuing to rise.

โš ๏ธ Current Price (0.0621)

The current price has risen quite a bit from the low of 0.0410.

Less ideal for a large entry, unless you want to enter gradually (DCA/installments entry).

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๐Ÿ’ก Strategy Suggestions

1. If you are conservative:

Wait for the price to correct to the zone of 0.0410 - 0.0450.

Or place a limit order in that area.

2. If you are aggressive:

You can make a small entry now, then add below if the price drops.

Use the DCA (Dollar Cost Averaging) strategy.

3. Use Stop Loss:

Below 0.0410 if entering above 0.05.

Set risk management, do not go all-in.

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