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$COAI SHORT SETUP — THE SPIKE JUST BAITED LATE BUYERS 🚨🔻
Entry: 0.382–0.386 ⚡
Target: 0.375 / 0.368 / 0.360 🎯
Stop Loss: Above 0.399 ⚠️
That vertical spike did its job — it dragged in the FOMO crowd chasing the move. 🩸 But when late buyers pile in after an extended pop, that's exactly where the market loves to reverse. The short zone sits right in the kill zone: 0.382–0.386, where liquidity is fresh.
This candle structure suggests a classic supply trap. 📊 If price can't defend above 0.399, expect those late longs to become the fuel for the drop. The path down opens through 0.375, then 0.368, and finally 0.360 if momentum accelerates. 💬 Are you fading this spike with me, or waiting for confirmation below support? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
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#COAI #ShortSetup #SupplyTrap #Crypto 🐻 🔻