Long trade plan $COTI
$COTI just regained the 1H EMA21 and looks likely to continue after a short pullback.
Entry: $0.01465-$0.01505
Stop loss: $0.01390
Targets: $0.01570 / $0.01690 / $0.01850
COTI has had a clear 1H EMA21 retest after a strong intraday uptrend. Price is currently above the EMA50 and EMA200, indicating strong bullish alignment on the HTF. OI fell 15% during the pullback, flushing out weak hands, while taker buy volume remains very aggressive. Funding is still negative, showing short pressure is gradually easing. Losing $0.01390 means the plan is canceled.
Trade $COTI here 👇
$COTI just regained the 1H EMA21 and looks likely to continue after a short pullback.
Entry: $0.01465-$0.01505
Stop loss: $0.01390
Targets: $0.01570 / $0.01690 / $0.01850
COTI has had a clear 1H EMA21 retest after a strong intraday uptrend. Price is currently above the EMA50 and EMA200, indicating strong bullish alignment on the HTF. OI fell 15% during the pullback, flushing out weak hands, while taker buy volume remains very aggressive. Funding is still negative, showing short pressure is gradually easing. Losing $0.01390 means the plan is canceled.
Trade $COTI here 👇