Guys, I had just opened a long trade on $COTI and immediately shared the setup with all of you in a post. As soon as I came back after publishing it, I checked my wallet and saw that my balance had increased by $3,000. I was completely shocked and thought, โWhat just happened? As soon as I checked my $COTI trade, I saw that my first two take-profit targets had already been hit within just one minute. The move happened so quickly that I couldnโt believe it. Now i am going to book profitโฆ๐ฅ
I almost skimmed past the Ledger integration as just another wallet partnership. Then I actually looked at what it lets you do: keep your BTC in cold storage and stake it through a smart contract with preset conditions, no bridge, no custodian holding the keys.
That part checks out. But "preset conditions" is doing a lot of quiet work in that sentence. Someone still wrote those conditions, and once they're locked into the vault, you're not negotiating with a person anymore, you're negotiating ...
Guys, $ON price has now reached this major rejection zone. In my view, this is a strong resistance area, and I expect it to reject from here rather than continue higher. It has tested this level several times before but failed to break through. Each time price reaches this area, sellers step in, selling pressure increases, and the market moves lower. Iโve already taken my short position near the top, and if youโre following the same setup, you may want to consider a short entry as well.