$COTI USDT Bounce or Breakdown?

#Coti has taken a sharp -20.97% hit, so I’d avoid chasing a short directly into the 0.01420 area. The immediate chart support is around 0.01420–0.01396; a reclaim of 0.01503 would give the bounce setup more structure. Recent daily data also shows heavy selling pressure.
Long Entry: 0.01430–0.01475
SL: 0.01385
TP1: 0.01503
TP2: 0.01610
TP3: 0.01717

If 0.01396 breaks and fails to reclaim, I’d cancel the long idea and wait for a fresh setup. Binance confirms COTIUSDT is an active USDⓈ-M perpetual contract.

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