$COTI (24h +11.2% | Trading Volume: $22.9M | Negative Funding: -0.0126%)
COTI is showing some serious momentum! Price has climbed from the $0.0096 area and is now testing the important $0.01095–$0.01100 resistance. The interesting part is that perpetual funding remains negative while price is pushing higher, with around $14M in open interest. A confirmed breakout could put short positions under pressure, but chasing this rally near resistance is risky. CoinGecko
Strategy: 1H Momentum Pullback Long
Buy Zone: $0.01025 – $0.01045
TG1: $0.01095
TG2: $0.01120
TG3: $0.01155
Stop Loss: $0.00985
Notes: Watch the $0.01034 area closely. If buyers defend this zone and a bullish 1H candle confirms the bounce, the long setup becomes interesting. A break above $0.01100 would add further strength. Don't chase the current candle; wait for confirmation and manage your risk. 📈
#BinanceUpdatesProofofReservesAddresses #BinanceToResumePhaseOneOfWithdrawals #BinanceSAFUFundTransferCompleted7499BTC
COTI is showing some serious momentum! Price has climbed from the $0.0096 area and is now testing the important $0.01095–$0.01100 resistance. The interesting part is that perpetual funding remains negative while price is pushing higher, with around $14M in open interest. A confirmed breakout could put short positions under pressure, but chasing this rally near resistance is risky. CoinGecko
Strategy: 1H Momentum Pullback Long
Buy Zone: $0.01025 – $0.01045
TG1: $0.01095
TG2: $0.01120
TG3: $0.01155
Stop Loss: $0.00985
Notes: Watch the $0.01034 area closely. If buyers defend this zone and a bullish 1H candle confirms the bounce, the long setup becomes interesting. A break above $0.01100 would add further strength. Don't chase the current candle; wait for confirmation and manage your risk. 📈
#BinanceUpdatesProofofReservesAddresses #BinanceToResumePhaseOneOfWithdrawals #BinanceSAFUFundTransferCompleted7499BTC
