LOKA/USDT Scalp Chart ANalysis

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Dear Traders:-

I would like to present a scalp analysis for the LOKA/USDT pair, which is currently trading at $5524.
The pair is currently trading in a parallel channel and has already broken out of its resistance level.

Our suggested entry point for this trade is at $0.5744, with targets set at $0.6246, $0.6735, $0.7429, and $8335. We recommend placing a stop-loss order at $0.5290 once the entry point is hit.

It is crucial to keep a close eye on the chart and wait for the price to hit our entry-level before buying. We advise against jumping in right now and waiting for the entry point to be reached.

In terms of support and resistance, the support level is at $0.54, while the resistance level is at $0.57.

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Thank you for your attention, and happy trading!