$COTI I'm not shorter $COTI just because the price rose.
The chart still needs confirmation. The price remains capped below a downward trendline, while $0.02237 is acting as a key pivot support. My bearish setup is not activated unless support is broken and the price fails to reclaim it on the retest. Then, sellers’ control will be confirmed and it will pave the way for lower liquidity. If support holds, I’ll stay out of the trade.
Entry: $0.02220 – $0.02235
Targets: $0.02150 / $0.02020 / $0.01872
Stop Loss: $0.02435
Will you wait for confirmation, or do you expect support to hold? Follow for more trading plans based on the charts.
The chart still needs confirmation. The price remains capped below a downward trendline, while $0.02237 is acting as a key pivot support. My bearish setup is not activated unless support is broken and the price fails to reclaim it on the retest. Then, sellers’ control will be confirmed and it will pave the way for lower liquidity. If support holds, I’ll stay out of the trade.
Entry: $0.02220 – $0.02235
Targets: $0.02150 / $0.02020 / $0.01872
Stop Loss: $0.02435
Will you wait for confirmation, or do you expect support to hold? Follow for more trading plans based on the charts.
