🚨 $LOKA CRASHES TO EXTREME LOWS: OVERSOLD OR MORE PAIN AHEAD? 🚨
$LOKA is teetering at $0.2467 on the 15-minute chart after a sharp selloff, testing its 24-hour low at $0.2450. With the RSI plunging to 11.99, the token has entered extreme oversold territory, signaling a potential bounce if buyers seize this discounted opportunity. However, resistance at $0.2500 remains a critical barrier that LOKA must conquer to confirm recovery. On the downside, a failure to hold above the key support at $0.2450 could open the door to further declines, intensifying selling pressure. While technical indicators show bearish dominance, traders should watch for volume spikes and price reaction around support to determine the next big move. Manage your risk effectively, as the market remains fragile and volatile.