$LOKA /USDT Trade Setup
Market Insight:
$LOKA has surged +37.12%, with a breakout above previous resistance, and is now trading at $0.0820, slightly below the Bollinger Upper Band ($0.0838). Volume is strong (219.5M LOKA), suggesting solid buying pressure. However, price is nearing short-term overbought levels, so a retracement or consolidation is possible before continuation.
🔹 Entry Zone:
$0.076 – $0.080
(Look for a pullback toward previous breakout area and short-term support)
🎯 Targets:
Target 1: $0.0883 (24h high)
Target 2: $0.0940 (psychological & historical resistance)
Target 3: $0.0998 (extension if momentum continues)
⛔ Stop Loss:
$0.0725
(Below recent consolidation zone and 15m/1h supports)
🔑 Key Levels
Support: $0.0734 / $0.0725 / $0.0663
Resistance: $0.0883 / $0.0898 / $0.0940
Bollinger Bands:
Upper: $0.0838
Middle: $0.0663
Lower: $0.0488
💡 Pro Tip:
If LOKA retests the $0.076–0.078 zone with decreasing volume, that’s a good spot for scaling in. If price breaks above $0.0898 with strong volume, consider trailing your stop for extended gains.
