LOKA Token Surges 15.3% After Breaking $0.060 Resistance, Signals Strong Technical Momentum

LOKAUSDT experienced a notable price increase of 15.30% over the past 24 hours, rising from 0.0536 to 0.0618 USDT on Binance. This surge is primarily attributed to strong bullish momentum following a technical breakout above the $0.060 resistance level, as highlighted in recent market analysis and news reports. Technical indicators, including a 7-period moving average crossing above longer-term averages and upward-trending EMAs, further support the positive sentiment. No new protocol updates or partnerships were reported in the last week, suggesting that the price movement is driven mainly by technical factors and increased trading activity.

Currently, LOKA is trading at 0.0618 USDT with a 24-hour trading volume ranging from $2.12 million to $28.43 million and a market capitalization estimated between $18.69 million and $23.28 million, reflecting increased market interest and volatility.