COTI
Event Details:
• Event Type: Long Liquidation
• Volume Liquidated: $2.8274K
• Trigger Price: $0.01475
Trade Setup:
• Entry Zone: $0.01460–$0.01480
• TP1: $0.01520
• TP2: $0.01570
• Stop-Loss (SL): $0.01420
📊 Market Analysis:
The long liquidation at $0.01475 suggests that downside liquidity was swept as intensified selling pressure removed weaker market participants from the order book. If buying interest absorbs the remaining supply around this level, the price can establish a stronger support base and improve its short-term structure. Holding above the liquidation zone would indicate that demand is gradually overcoming selling pressure, increasing the probability of a recovery toward nearby resistance levels. A sustained move through resistance with consistent spot buying volume could confirm a structural breakout and support continued upward momentum.
🛡️ Risk Management: Allocate only a measured portion of your capital to this spot position and always adhere to the predefined stop-loss.
