Guys $COTI is showing an interesting rejection setup here.
Entry: 0.0141 - 0.0142
đŻ TP1: 0.0138
đŻ TP2: 0.0133
Price bounced straight into resistance at 0.0142 and printed a heavy bearish candle body. Sellers are dominating positioning with almost 60% shorts.
Needs a clean rejection hold below resistance to continue lower toward support.
Let's see how it plays out đ
Entry: 0.0141 - 0.0142
đŻ TP1: 0.0138
đŻ TP2: 0.0133
Price bounced straight into resistance at 0.0142 and printed a heavy bearish candle body. Sellers are dominating positioning with almost 60% shorts.
Needs a clean rejection hold below resistance to continue lower toward support.
Let's see how it plays out đ