
$COTI IS RETESTING A MAJOR SUPPORT POCKET AFTER A 12% DECLINE!
Trading Plan Long $COTI
Entry: 0.0126 – 0.0127
SL: 0.0125
TP1: 0.0128
TP2: 0.0130
TP3: 0.0134
The asset has fallen from 0.0144 to 0.0126 — a 12% drop. The RSI reading at 14 suggests the asset is oversold. Volume is moderate but beginning to taper off, suggesting that sellers are losing conviction. The 1-hour chart shows a steady decline with lower lows, but the momentum is slowing down significantly. This region has historically attracted buyers, and support levels tend to hold until there's a significant shift in market structure. If buyers defend this zone, the next upside targets are 0.0128 and 0.0130, with deeper liquidity resting at 0.0134 — a 6% upside from entry. The stop is placed tight at 0.0125, below the recent low.
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