downfallcoti

🚨 $COTI has Slowly starting to lose its mometum and failing of price is clearly visible in chart from 1 hour timeframe. Candle patterns tells a lot about the opportunity to go short position Right now from this below given Entry price level. Don’t missout the entry zone guys.

Short Trading Plan: 📊 1Hr TF
Entry Zone: 0.011345 – 0.012467
TP1: 0.010000
TP2: 0.008500
TP3: 0.007671
SL: 0.013000

Price spiked aggressively into the 0.012467 resistance zone before facing immediate rejection, printing bearish wicks on the 1H. The retest of the breakout candle’s base around 0.011345 is now acting as the entry confluence price is struggling to hold above this level.

The annotated setup shows a R/R of 3.27 with target at 0.007671, aligning with the chart’s marked target of 0.003674 area. SL is placed just above the rejection wick cluster. Volume confirms the spike was a liquidity grab watch for continuation down as momentum fades.

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