COTI's been slumping under the 4‑hour resistance, looks ripe for a short bounce. The price is hugging the lower trend line, ready to flip.
🔴 $COTI SHORT 📉
Entry $0.011322-$0.011344 | SL $0.011673 (-3.0%) | TP1 $0.011163 (+1.5%) | TP2 $0.010766 (+5.0%) | R/R 1:1.7 | Conf 64%
We just saw a clear change of character as the market broke the previous swing high, confirming a bearish shift. CVD is spiking down while the fair value gap lines up with a fresh order block, and the liquidity sweep blew past the last swing low. All that POI confluence – the OB overlapping the FVG – gives the short a solid entry.
A 3.0% stop is a bit tight for this swing, so keep leverage modest, around 2‑3x.
Take half off the table once you hit the first profit target around 1.7‑to‑1 risk‑reward.
As always: manage your risk, this is not financial advice 🙏
$COTI #COTIUSDT #CPIWatch #TradingSignals #Write2Earn
🔴 $COTI SHORT 📉
Entry $0.011322-$0.011344 | SL $0.011673 (-3.0%) | TP1 $0.011163 (+1.5%) | TP2 $0.010766 (+5.0%) | R/R 1:1.7 | Conf 64%
We just saw a clear change of character as the market broke the previous swing high, confirming a bearish shift. CVD is spiking down while the fair value gap lines up with a fresh order block, and the liquidity sweep blew past the last swing low. All that POI confluence – the OB overlapping the FVG – gives the short a solid entry.
A 3.0% stop is a bit tight for this swing, so keep leverage modest, around 2‑3x.
Take half off the table once you hit the first profit target around 1.7‑to‑1 risk‑reward.
As always: manage your risk, this is not financial advice 🙏
$COTI #COTIUSDT #CPIWatch #TradingSignals #Write2Earn