$LOKA
📉 Market Structure & Price Action
Bearish trend initially (confirmed by CHoCH and multiple BoS).
Strong reversal with a clean CHoCH, followed by an impulsive rally to the red supply zone (~$0.0955).
Price has since broken down from the ascending trendline and is approaching a demand zone around $0.0845–$0.0855.
🟥🟩 Supply & Demand Zones
Supply Zone (Resistance): ~$0.0945–$0.0955 — price strongly rejected here.
Demand Zone (Support): ~$0.0845–$0.0855 — currently the most relevant level to watch for bounce/reversal.
📊 RSI Analysis
RSI at ~42, showing bearish momentum.
No clear bullish divergence yet, but nearing oversold, which often precedes short-term reversals.
🎯 Trade Setup Idea (LOKA)
Entry Zone: $0.0845–$0.0855.
Stop Loss: Below $0.0840.
Take Profit Targets:
TP1: $0.0880.
TP2: $0.0945 (supply zone retest).
✅ Conclusion
$LOKA looks more favorable short-term due to proximity to a key demand zone and better R/R setup.
Watch for confirmation (engulfing candle, volume spike, or RSI bullish divergence) near $0.085 before entering.