$COTI is trying to stabilize after a sharp 15M pullback 👀
RSI(6) is deeply oversold at 22.67, and the latest candles are showing a bounce from the recent low area near $0.0170. Price is still holding above the visible MA(99), which keeps a relief move possible.
But don’t mistake oversold for guaranteed reversal. $COTI remains below the MA(25), so buyers need follow-through before this becomes a stronger recovery. If momentum fades, the long thesis is invalidated at the stop.
ENTRY:
0.017465
TP1:
0.017640
TP2:
0.017814
TP3:
0.017989
STOP LOSS:
0.017116
This is a measured rebound setup, not a chase. Keep position size controlled and respect the stop ⚠️
Can $COTI turn this oversold bounce into a proper recovery? 🚀
#COTI #CryptoTrading #Altcoins #BinanceSquare
RSI(6) is deeply oversold at 22.67, and the latest candles are showing a bounce from the recent low area near $0.0170. Price is still holding above the visible MA(99), which keeps a relief move possible.
But don’t mistake oversold for guaranteed reversal. $COTI remains below the MA(25), so buyers need follow-through before this becomes a stronger recovery. If momentum fades, the long thesis is invalidated at the stop.
ENTRY:
0.017465
TP1:
0.017640
TP2:
0.017814
TP3:
0.017989
STOP LOSS:
0.017116
This is a measured rebound setup, not a chase. Keep position size controlled and respect the stop ⚠️
Can $COTI turn this oversold bounce into a proper recovery? 🚀
#COTI #CryptoTrading #Altcoins #BinanceSquare
