#neutraltake
neutraltake
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📊 $COTI | 1H Update
$COTI is currently consolidating after a strong rally. Price is trading below the EMA20 while holding above the EMA50, showing short-term weakness but an intact medium-term structure. The key support is 0.0146, and resistance is 0.0159. A breakout above the EMA20 could restart bullish momentum, while a break below support may lead to a deeper correction.
Bias: 🟡 Neutral to Slightly Bearish.
Trade with proper risk management. This is technical analysis, not financial advice.
#NeutralTake #BEARISH📉
$COTI is currently consolidating after a strong rally. Price is trading below the EMA20 while holding above the EMA50, showing short-term weakness but an intact medium-term structure. The key support is 0.0146, and resistance is 0.0159. A breakout above the EMA20 could restart bullish momentum, while a break below support may lead to a deeper correction.
Bias: 🟡 Neutral to Slightly Bearish.
Trade with proper risk management. This is technical analysis, not financial advice.
#NeutralTake #BEARISH📉
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