๐จ *COTI/USDT Analysis*
๐ *Current Price:* 0.0559
COTI is approaching a *key horizontal resistance* level with increasing volume and bullish momentum โ a breakout could trigger a strong upside move. ๐
โ
๐ฏ *Targets (TP):*
- *TP1:*0.0720 โ short-term resistance from April 2024; first breakout impulse โ
- *TP2:* 0.0935 โ strong resistance from December 2023 and major liquidity zone ๐
- *TP3:*0.1250 โ macro target if breakout gains momentum; aligns with Fib extension ๐ฅ
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๐ *Stop Loss (SL):*
- *0.0475* โ just below the last consolidation zone and invalidation of the breakout idea ๐ก๏ธ
โ
๐ *Why this setup matters:*
- โ COTI forming a *bullish structure* with tightening consolidation = breakout potential
- โ Trading above its short-term moving averages = strength ๐ง
- โ Volume increasing slightly = early whale interest? ๐
- โ ๏ธ Confirm breakout on 4H or daily close above resistance
โ
๐ง *Pro Tip:*
Donโt FOMO โ wait for the *daily candle close above resistance* or enter with tight SL if anticipating early.
โ
๐ *Summary:*
- Buy COTI/USDT at0.0559
- *TP1:* 0.0720
- *TP2:*0.0935
- *TP3:* 0.1250
- *SL:*0.0475
โณ *Eyes on the breakout โ confirmation could trigger a strong alt move.*
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