Dips in
$COTI keep getting bought. The 1H setup
$COTI · LONG · Conf 75%
Trade Plan:
Entry: 0.01321 - 0.01347
SL: 0.01257
TP1: 0.01427
TP2: 0.01499
TP3: 0.01570
TP4: 0.01642
R:R about 2.1 to TP2 on the 1H
Conf is how many of our checks agree, not a win rate.
COTI/USDT 0.01347, +8.63% over 24h.
Why this setup?
- Price holding above the 200 EMA, long-term structure bullish
- EMA20 above EMA50, short-term momentum up
- 4H trend supportive
- RSI(14) at 55.1 with volume x0.43 against the 20-bar average.
- Invalidation is unambiguous: through 0.01257 the idea is simply wrong, so size it so that being wrong is survivable.
Key levels: S 0.01288 · 0.01264 · 0.01242 | R 0.01350 · 0.01427 · 0.01467
Debate:
Is COTI still early here, or is the easy part of this move already behind us?
Trade COTI: spot https://www.binance.com/en/trade/COTI_USDT | futures https://www.binance.com/en/futures/COTIUSDT
$COTI #COTI #Write2Earn #TrendTrading #ChartAnalysis
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.