$COTI THIS ONE GOT HIT TWICE 😳
First $5.24K of longs vanished near $0.01635. Then another $20.74K got liquidated around $0.01578. That second flush makes $COTI one of the liquidation events I’d watch most closely here.
Setup — SHORT Entry: $0.01575–$0.01605
TP1: $0.01530
TP2: $0.01480
TP3: $0.01420
SL: $0.01650
Analysis: Repeated long liquidations suggest downside pressure, but after a heavy flush a squeeze is possible. I wouldn’t chase far below the entry zone.
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