$LOKA /USDT – BULLISH BREAKOUT IMMINENT
Current Price: $0.0608 (+13.86%)
Category: Gaming | Exchange: Binance
Timeframe: 4H
TECHNICAL ANALYSIS:
LOKA/USDT has shown strong momentum with a sharp bullish push today, gaining nearly 14%, signaling a potential breakout continuation. Price action is forming higher lows and testing resistance, indicating buyer strength.
Key Levels:
Resistance: $0.0642 (24H High)
Next Resistance: $0.0695
Support: $0.0584
Strong Support Zone: $0.0530 – $0.0550
TRADE SETUP – LONG ENTRY:
Entry: On breakout above $0.0645
Target 1 (TP1): $0.0695
Target 2 (TP2): $0.0750
Stop Loss (SL): $0.0580
RISK MANAGEMENT:
Use 1-2% of capital per trade. Maintain risk/reward ratio of 1:2 or better. Avoid overleveraging in a volatile market.
Stay sharp, respect your SL, and ride the trend!
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