$COTI is at a decision area now. A clean reaction here could define the next leg.
What stands out here is that volume is running about 5.4x its recent pace, open interest is up 7.6%, and the 1H move is +3.29%. That gives the move real context instead of treating every candle as a signal.
The next test is around $0.019541. A clean hold above that area would strengthen continuation; rejection there would make a pullback more likely.
Would you buy the breakout on $COTI, or wait for a confirmed retest?
#COTI #Trading
Trade plan: LONG
Entry: $0.019676
SL: $0.015705
TP1: $0.023647
TP2: $0.027618
TP3: $0.031589
What stands out here is that volume is running about 5.4x its recent pace, open interest is up 7.6%, and the 1H move is +3.29%. That gives the move real context instead of treating every candle as a signal.
The next test is around $0.019541. A clean hold above that area would strengthen continuation; rejection there would make a pullback more likely.
Would you buy the breakout on $COTI, or wait for a confirmed retest?
#COTI #Trading
Trade plan: LONG
Entry: $0.019676
SL: $0.015705
TP1: $0.023647
TP2: $0.027618
TP3: $0.031589
