$LOKA has experienced a significant price drop of -12.216% in the last 24 hours.

The 24-hour trading range was between 0.0775 and 0.1332, indicating high volatility.

Current Bollinger Bands suggest LOKA is touching the lower band, signaling potential oversold conditions.

The persistent downtrend reflects overall market sentiment, exacerbated by macroeconomic uncertainty.

Despite Bitcoin's undefined influence on LOKA's movements, traders should remain cautious.

Given the volatility and downtrend, adopting a short-term trading approach may be prudent.

Key takeaway: Watch for a close above 0.1063 to gauge reversal potential, indicating market sentiment shift.