$LOKA /USDT APPROACHES RESISTANCE – WILL BULLS BREAK THROUGH?
$LOKA is trading at $0.1218 (+2.96%), showing steady gains as it approaches the resistance zone near $0.1221. The price has rebounded from $0.1186 and is holding above the SAR level at $0.1202, suggesting bullish momentum.
Key Levels to Watch:
Support: $0.1201 and $0.1191
Resistance: $0.1221 and $0.1242
A breakout above $0.1221 could lead to retesting the 24-hour high of $0.1242. However, failure to maintain above $0.1201 might result in a pullback towards $0.1191.
Market Insight: Bulls need to push beyond $0.1221 to sustain upward momentum. A drop below $0.1201 could signal a short-term reversal.