Based on the image you sent, here's a short-term Binance signal analysis for $LOKA/USDT:

Potential Short Signal:

Price: 0.1186

Direction: Downward Trend

Reasoning:

Significant price drop of -10.22%

Strong downward movement on the 15m chart, approaching the 0.1182 support level.

High volume on the sell side (85,901.3) suggests strong selling pressure.

Both MA(5) and MA(10) are significantly above the current price, indicating a bearish trend.

Recommendation:

Short Entry: Consider a short entry near the current price (0.1186) or wait for a potential retest of the 0.1204 resistance level.

Stop Loss: Place a stop loss above the recent high around 0.1314 or consider a tighter stop loss slightly above the 0.1204 resistance.

Target: Aim for a target near the 0.1175 support level or potentially lower if the bearish momentum continues.

Important Considerations:

This is a short-term analysis based on the provided image. Market conditions can change rapidly.

Always do your own research and risk management before making any trades.

Consider other indicators and timeframes for a more comprehensive analysis.

Be aware of the risks involved in trading cryptocurrency.

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice.#MileiMemeCoinControversy #GeopoliticalImpactOnBTC #AIandStablecoins #CardanoETFTalk #CardanoETFTalk