🚨 $COTI REJECTING HARD RESISTANCE – SHORT SETUP PRIMED! 📉
Entry: 0.0120 - 0.0122 ⚡
Target: 0.0088 🚀
Stop Loss: 0.0135 ⚠️
🦈 That 0.0122 zone has acted as a structural ceiling since early October, with three consecutive rejections printing long upper wicks on the 1H chart. Volume is drying up on every retest while the daily RSI hangs below 50 – classic distribution fingerprints. 🔍
📉 Price is now coiling below a key order block. A breakdown below 0.0118 confirms the institutional exit, targeting the 0.0100 pool and the 0.0088 liquidity void below. 💡 The upside is capped until 0.0135 gives way, making this a clean 1:4 R:R if the entry fills. 💬 Are you catching this rejection or waiting for a retest of the breaker block? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #COTI #ShortSetup #ResistanceRejection #Crypto
🐻 📉
Entry: 0.0120 - 0.0122 ⚡
Target: 0.0088 🚀
Stop Loss: 0.0135 ⚠️
🦈 That 0.0122 zone has acted as a structural ceiling since early October, with three consecutive rejections printing long upper wicks on the 1H chart. Volume is drying up on every retest while the daily RSI hangs below 50 – classic distribution fingerprints. 🔍
📉 Price is now coiling below a key order block. A breakdown below 0.0118 confirms the institutional exit, targeting the 0.0100 pool and the 0.0088 liquidity void below. 💡 The upside is capped until 0.0135 gives way, making this a clean 1:4 R:R if the entry fills. 💬 Are you catching this rejection or waiting for a retest of the breaker block? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #COTI #ShortSetup #ResistanceRejection #Crypto
🐻 📉