$LOKA - Attempt to rebound after sharp decline 🔄

Shows early signs of recovery after a sharp drop from $0.0616 to a recent low of $0.0477. Currently trading at $0.0524 (+4.38%), with bulls attempting to regain some of their gains - but the key moving averages are still hovering above the price as resistance.

Failure to reach the support level at $0.0545 may trap late buyers. Wait for candle confirmation.

Bounce from oversold levels at $0.0477.

The 7-period moving average has crossed the price, representing short-term support at $0.0522.

Trading Plan:

🔹 Short-term buy setup:

Entry price: $0.0510 - $0.0520

Take profit

1: $0.0545

2: $0.0570

Stop loss: $0.0490

Buy and trade here$LOKA

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