MyCryptoParadise

LOKA/USDT expecting bullish move from lower demand?πŸ‘€πŸš€LOKA

Long
BINANCE:LOKAUSDT   LOKA / TetherUS
πŸ’Ž Paradisers, take note of the current dynamics in #LOKAUSDT, indicating a setup for a bullish journey from its emerging demand zone.

πŸ’Ž #LOKA has recently undergone a notable pattern, where it swept liquidity above a resistance level before taking a downturn. Currently, having breached the demand at $0.2588, we're eyeing a bullish momentum initiating from the lower demand zone at $0.2418. Should the price respect this zone and maintain a strong upward momentum, we anticipate a vigorous bullish move targeting higher resistance levels.

πŸ’Ž In the constantly evolving landscape of cryptocurrency trading, flexibility and readiness for diverse market scenarios are crucial for #LOKA traders. If the asset faces difficulty in sustaining its position at the current demand level, adapting our strategy to anticipate a bullish surge from a deeper demand level at $0.2258 might be wise.

πŸ’Ž Importantly, a descent below this demand could signal a need for a strategic pivot, suggesting potential challenges in maintaining a bullish trajectory in the #loka market.


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