š $COTI /USDT Technical Analysis
š° Current Price: $0.12989 (+8.47%)
šÆ Key Levels:
ā¢ Resistance: $0.1319 (24H High)
ā¢ Support: $0.1260
ā¢ Next Targets: $0.1350 and $0.1400
š Trade Setup:
ā¢ Entry Zone: $0.1280 - $0.1300
ā¢ Take Profit (TP):
ā¢ TP1: $0.1350
ā¢ TP2: $0.1400
ā¢ Stop Loss (SL): $0.1250
š Market Insights:
1. Strong upward momentum as price approaches resistance.
2. Breakout above $0.1319 could see acceleration toward next targets.
3. Consolidation near $0.1280 offers potential re-entry opportunity.
ā” Recommendations:
ā¢ Trail your stop-loss as price approaches $0.1350 to lock in profits.
ā¢ Keep an eye on volume for confirmation of breakout above $0.1319.
ā¢ Avoid overleveraging in case of a pullback to $0.1260.
Manage risk effectively and trade with caution!