$LOKA / USDT – Bearish Breakdown Alert! 🚨
$LOKA is currently trading at $0.0708, struggling to recover from a sharp sell-off. After rejecting near the $0.0750 resistance zone, bearish momentum appears to be gaining control.
🔻 Trade Setup – Short Opportunity:
Trigger Entry: Below $0.0700 (key psychological and technical level)
Target 1: $0.0680
Target 2: $0.0650
Target 3 (extension): $0.0600
🛡️ Stop-Loss: $0.0730 (above recent lower high)
📉 Pro Tip: A 4H candle close below $0.0700 with rising sell volume would signal strength in the downtrend. Watch for confirmation before entry. A break below $0.0680 could accelerate losses due to weak support below.
{futures}(LOKAUSDT)
