📉 $COTI Short Setup | Binance Feed Article
Many traders still expect $COTI to continue higher, but the recent rejection from a major liquidity zone tells a different story. The formation of a clear double-top pattern suggests buying pressure is fading and sellers may be taking control.
I'm watching this setup closely and have started building a short position based on the current market structure.
Trade Plan:
Entry: Around 0.012774
🎯 Target 1: 0.011000
🎯 Target 2: 0.009000
🛑 Stop Loss: Above the recent swing high
As always, wait for confirmation and manage your risk carefully. No trade setup is guaranteed, so proper risk management is essential. #COTI #Binance #CryptoTrading #ShortTrade #RiskManagement #SamsungSKHynixLeveragedETFsStokeKoreaVolatility #SamsungSKHynixLeveragedETFsStokeKoreaVolatility
Many traders still expect $COTI to continue higher, but the recent rejection from a major liquidity zone tells a different story. The formation of a clear double-top pattern suggests buying pressure is fading and sellers may be taking control.
I'm watching this setup closely and have started building a short position based on the current market structure.
Trade Plan:
Entry: Around 0.012774
🎯 Target 1: 0.011000
🎯 Target 2: 0.009000
🛑 Stop Loss: Above the recent swing high
As always, wait for confirmation and manage your risk carefully. No trade setup is guaranteed, so proper risk management is essential. #COTI #Binance #CryptoTrading #ShortTrade #RiskManagement #SamsungSKHynixLeveragedETFsStokeKoreaVolatility #SamsungSKHynixLeveragedETFsStokeKoreaVolatility