COTI/USDT Technical Analysis and Trade Signal
Current Price: $0.16808 (+16.88% in 24h)
Trend: Bullish momentum with a strong upward movement in the last 24 hours, indicating increasing buying interest.
Support Levels:
Primary Support: $0.15040 (SAR buy indicator)
Secondary Support: $0.14160
Resistance Levels:
First Target (T1): $0.18452 (SAR sell indicator)
Second Target (T2): $0.19000 (near psychological resistance)
Third Target (T3): $0.20000 (Key round number resistance)
Trade Momentum
Momentum: Bullish (strong upward price action in the past 24 hours with increasing volume).
Indicators: The price is above key moving averages, confirming positive momentum. The SAR indicator suggests potential continuation toward higher targets.
Volume: Higher than average, indicating strong interest in the market.
Suggested Trade Signal
Entry: Around $0.168 (current market price) or on a minor pullback near $0.160.
Stop Loss: $0.150 (below primary support).
Targets:
T1: $0.18452
T2: $0.19000
T3: $0.20000
This analysis suggests bullish continuation, with the potential to hit the first target at $0.18452 in the short term, and higher targets as momentum builds.
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