$COTI — THE RECOVERY IS STRONG, BUT THE NEXT BREAKOUT MUST BE CONFIRMED.
$COTI | 4H TREND
Strong recovery has developed from the $0.008658 low, with price now holding above the $0.01120–$0.01130 support area. Higher lows are forming, while resistance remains near $0.01235. A confirmed breakout above this level could open the path toward $0.01280 and the previous high near $0.01335.
$COTI — LONG SETUP
EP: $0.01190–$0.01220
TP1: $0.01235
TP2: $0.01280
TP3: $0.01335
SL: $0.01120
Why this setup?
The 4H structure shows strong recovery after the deep rejection from $0.008658. Buyers are defending higher levels, while price continues consolidating beneath resistance. A breakout followed by a successful retest would strengthen the bullish structure and could support another upside leg.
This setup becomes invalid if price loses the $0.01120 support with strong selling pressure.
$COTI | 4H TREND
Strong recovery has developed from the $0.008658 low, with price now holding above the $0.01120–$0.01130 support area. Higher lows are forming, while resistance remains near $0.01235. A confirmed breakout above this level could open the path toward $0.01280 and the previous high near $0.01335.
$COTI — LONG SETUP
EP: $0.01190–$0.01220
TP1: $0.01235
TP2: $0.01280
TP3: $0.01335
SL: $0.01120
Why this setup?
The 4H structure shows strong recovery after the deep rejection from $0.008658. Buyers are defending higher levels, while price continues consolidating beneath resistance. A breakout followed by a successful retest would strengthen the bullish structure and could support another upside leg.
This setup becomes invalid if price loses the $0.01120 support with strong selling pressure.
