$LOKA /USDT BEARISH SLIDE CONTINUES โ NEW LOWS AHEAD? ๐ฎ๐
$LOKA/USDT is in a strong downtrend, breaking below short-term supports with no signs of bullish reversal. The current structure favors bearish continuation, with sellers dominating the chart.
๐ Current Price: $0.0782
๐ป 24h Change: -7.89%
๐ 24h Low: $0.0770
๐ 24h High:
๐ KEY LEVELS:
Resistance Zones:
$0.0830 โ Near-term resistance
$0.0900 โ Key breakout level (recent high)
Support Zones:
$0.0770 โ Immediate support (just tested)
$0.0740 โ Next key support
$0.0700 โ Bearish target zone
๐ TRADE SETUP: SHORT POSITION ๐ฏ
Entry: $0.0780 (current price zone)
Stop Loss (SL): $0.0835 (above resistance)
Take Profit (TP):
TP1: $0.0740
TP2: $0.0700
TP3: $0.0665 (extended sell-off target)
๐ RISK MANAGEMENT ๐ก๏ธ
โ Risk only 1-2% of your capital per trade
โ Stick to a minimum 1:2 risk/reward ratio
โ Donโt chase โ wait for confirmation and stick to your plan
Downtrend is real โ play the level, not the hype! #StrategyBTCPurchase #USCryptoWeek #MemecoinSentiment #TradingStrategyMistakes #Write2Earn $LOKA