$COTI RETEST SETUP — Bulls Defending the Breakout
$COTI has made a strong reversal from $0.009293, pushing sharply toward $0.014029. After the recent rejection, profit-taking is visible, but price is still holding above the breakout area.
I’m watching $0.01140–$0.01180 as the key retest zone.
A strong hold here could open the way toward:
TP1: $0.01220
TP2: $0.01320
TP3: $0.01400
If $0.01140 breaks decisively, momentum could weaken toward $0.01010.
I’d rather wait for confirmation at support than chase the move. Volatility is high, so position sizing and risk management matter.
Patience first. Trade the setup, not the hype.
$COTI
#USJulyCPI&PPIDueThisWeek
$COTI has made a strong reversal from $0.009293, pushing sharply toward $0.014029. After the recent rejection, profit-taking is visible, but price is still holding above the breakout area.
I’m watching $0.01140–$0.01180 as the key retest zone.
A strong hold here could open the way toward:
TP1: $0.01220
TP2: $0.01320
TP3: $0.01400
If $0.01140 breaks decisively, momentum could weaken toward $0.01010.
I’d rather wait for confirmation at support than chase the move. Volatility is high, so position sizing and risk management matter.
Patience first. Trade the setup, not the hype.
$COTI
#USJulyCPI&PPIDueThisWeek