$LOKA

/USDT Technical Analysis:

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Current Price: $0.2303

24h Price Change: +6.13%

24h High: $0.2321

24h Low: $0.2170

Trend Analysis:

The LOKA/USDT pair is in a positive uptrend, gaining momentum with the recent price jump of +6.13%. It is currently trading close to the 24-hour high of $0.2321. Momentum indicators suggest that the trend may continue if the price breaks resistance near $0.2329.

Support and Resistance Levels:

Support Level: $0.2170 (Recent low, potential entry level if price pulls back)

Resistance Level: $0.2329 (Key resistance, immediate target level)

Trade Signal & Targets:

Buy Signal: Entry around $0.2290 - $0.2300 if price holds above support.

Target Levels (for bullish continuation):

Target 1 (T1): $0.2350 (first resistance level, potential short-term target)

Target 2 (T2): $0.2400 (higher resistance, medium-term target)

Target 3 (T3): $0.2500 (strong potential if momentum continues upward)

Trade Momentum:

With the price moving up and breaking short-term resistance levels, bullish momentum appears strong. Watching the 0.2329 area will help in confirming the continuation of the upward move. If price fails to hold the $0.2170 level or falls below, consider re-evaluating the trade.

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