$LOKA Flash Pump, Now Cooling Down time to Catch the Drop?

$LOKA just spiked to a high of $0.1332 but quickly reversed, now trading at $0.0886 a clear sign of exhaustion after the pump. With a suspension warning active and volatility high, the sell pressure is building.

Short Trade Setup:

Entry Zone: $0.0890 – $0.0930

Target 1: $0.0820

Target 2: $0.0750

Target 3: $0.0690

Stop Loss: Above $0.0980

Market Insight:

The price shot up too fast and is now rejecting hard — likely due to fear around the upcoming project suspension on July 28. If price fails to reclaim $0.095+, expect continued sell-offs as traders exit for safety.

Caution: Trade with tight SL due to high volatility from upcoming redenomination.