🚨 $COTI I — DAYS AFTER, THE THESIS STILL HOLDS
A few days ago I shared my setup for $COTI .
And today, several days later, the price is still giving us something important: the structure continues to show little bullish strength. 👀
It hasn’t managed to develop the momentum that many would expect.
In fact, for my bearish scenario, the current position is even more interesting than it was a few days ago.
📌 Lower buying strength
📌 Still weak structure
📌 Better risk/reward ratio
📌 The bearish scenario is still valid
🎯 If you were waiting for an entry, for me now a much more interesting zone appears to place it, always with proper risk management.
The idea isn’t to chase the price.
It’s to wait for the market to offer us a better risk/reward relationship.
And $COTI still looks to me like one of those projects that could be preparing another downside move. 📉
👀 Do you think $COTI still has the strength to recover, or are we seeing the last attempts before the drop?
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