đš LOKA/USDT Weekly Chart Analysis: Immediate and Long-Term Targets đš
LOKA is showing signs of a potential breakout on the weekly chart. The immediate target suggests a possible bullish run, while the long-term zoomed-out chart reveals more significant resistance levels that could be tested. Letâs break it down:
Immediate Outlook:
đč Support Holding: LOKA has strong support around $0.2175 and $0.1977.
đ Key Resistance Levels: First immediate target sits around $0.3108, followed by $0.4742.
đ Bullish Breakout: If momentum continues, we could see prices heading towards the $0.45 - $0.50 range.
Long-Term View (Zoomed Out Chart):
đ Historical Resistance: Significant levels at $1.5796, $2.4716, and $4.4863.
đ Bottoming Out: LOKA has been consolidating for several months, indicating a potential reversal is on the horizon.
â ïž Major Resistance Ahead: If bullish momentum sustains, we could see a long-term target of $1.5796, which marks a crucial point for future rallies.
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