Don't Chase the Pump....‼️
$COTI has delivered a massive breakout with strong buying volume, but after a nearly 58% daily rally, the price is approaching an overextended zone. Waiting for a healthy pullback or confirmation above resistance offers a better risk-to-reward setup than entering after a vertical move. �
The Cryptonomist
Entry: 0.0116 – 0.0120
Target 1: 0.0132
Target 2: 0.0140
Target 3: 0.0148
Stop Loss: 0.0108
Manage risk carefully—avoid FOMO after such a sharp move and wait for confirmation before entering.
$COTI has delivered a massive breakout with strong buying volume, but after a nearly 58% daily rally, the price is approaching an overextended zone. Waiting for a healthy pullback or confirmation above resistance offers a better risk-to-reward setup than entering after a vertical move. �
The Cryptonomist
Entry: 0.0116 – 0.0120
Target 1: 0.0132
Target 2: 0.0140
Target 3: 0.0148
Stop Loss: 0.0108
Manage risk carefully—avoid FOMO after such a sharp move and wait for confirmation before entering.