COTI is battling near its 4โhour swing low, with price hovering just above a key demand zone. Momentum is stalling, leaving the coin ripe for a bounce.
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$COTI LONG ๐
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๐ Entry Range: $0.012523 โ $0.012549
๐ Stop Loss: $0.012160 (-3.0%)
๐ฏ TP1: $0.012724 (+1.5%)
๐ TP2: $0.013163 (+5.0%)
โก R/R Ratio: 1:1.7
๐ Confidence: 64%
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The market structure broke lower high (CHoCH) and a fresh order block formed under the break, while a fair value gap lines up with that block. CVD shows buying volume surging, confirming the directional shift. The confluence of OB and FVG gives a strong POI.
A 3.0% stop is relatively tight on this range, so a max of 3ร leverage keeps risk in check.
Take partial profit around the first target as price reaches the midpoint of the FVG.
As always: manage your risk, this is not financial advice ๐
$COTI #COTIUSDT #SMC #TradingSignals #Write2Earn