LOKA is on the verge of a massive breakdown, with the bears taking control above the 0.12009 level, where a liquidity sweep has just been detected, setting the stage for a potential plunge into the order block zone.
Technically, the high-time frame is bearish, with the RSI at 61, indicating a potential reversal. The volume is 4.6x, showing increased interest in the coin. The SMC Score is 9.3/10, indicating a high probability of a successful short trade. The OB+FVG Sandwich zone is acting as a strong resistance, and with the bearish HTF dominating, the odds are in favor of the bears.
Here are the key trade levels:
- Entry: 0.11420
- Take Profit 1: 0.10439 (RR 1.7x)
- Take Profit 2: 0.08966 (RR 4.2x)
- Stop Loss: 0.12009
With the $LOKAUSDT short signal live, it's time to limit risk and watch the order block closely. I'm confident in this trade, and with a 9.3 score, the odds are in our favor.
Followers, let's ride this wave and keep a close eye on the levels.
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