$LOKA /USDT – BEARISH BREAKDOWN IMMINENT
Technical Analysis
LOKA/USDT is showing clear bearish momentum after rejecting the key resistance zone at $0.0900 and breaking down towards $0.0790, the current trading level.
Key Levels
Resistance: $0.0900 (Major Rejection Zone)
Minor Resistance: $0.0840
Support: $0.0780 (Next Critical Support)
Breakdown Zone: $0.0765 (if lost, expect sharp fall)
Current Price: $0.0790
Momentum is weak, and candles show continued pressure on lower timeframes.
Trade Setup – SHORT ENTRY
Entry: $0.0785 – $0.0790
TP1: $0.0760
TP2: $0.0735
SL: $0.0825 (above minor resistance)
Risk Management
Always risk 1–2% of your capital per trade. Use a tight stop-loss and avoid over-leveraging.
Bearish trend continues unless $0.0840 is reclaimed with volume. Stay sharp! #BTC120kVs125kToday #MemecoinSentiment #StrategyBTCPurchase #TradingStrategyMistakes #Write2Earn $LOKA