$LOKA USDT BEARISH REJECTION AFTER SPIKE – SELLERS TAKING CONTROL

LOKA/USDT surged rapidly to $0.0937 but faced a strong rejection, pulling back below the Bollinger upper band and now consolidating near $0.0843. The long upper wick and retracement suggest buyers are exhausted, and bears may push price lower if support fails.

MARKET OUTLOOK:

Momentum has turned bearish after the failure to sustain above resistance. With upcoming project suspension and redenomination, volatility will remain high, so traders should manage risk tightly in this uncertain phase.

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