Don't panic! Is the COAI callback at 8.233 an opportunity? Xuan Mi reveals the retail investors' bottom-fishing gold rules
Friends, look at this COAI chart (as above), the current price is 8.805 USD, do you feel the bulls are coming but are afraid of missing out? Xuan Mi directly states the opinion: This pullback to around 8.233 might be a money-giving opportunity! Let me break it down for you!
1. Key price levels to watch closely!
Resistance level 10.895: This is the previous high resistance, breaking through it will open up the upward space.
Support level 7.163: Dropping here indicates a weakening trend, but the closer defense point is around 8.233.
Why? You see that EMA7 (11.779) is still much higher than EMA30 (14.839), indicating that short-term momentum is still there, but the MACD's DIF value is negative (-1.484), the short-term pullback is to build strength—just like I mentioned before about a certain coin, after the washout, it skyrocketed by 40%!
2. What should retail investors do?
Place orders in batches: Place small orders around 8.233 to test the waters, stop loss if it falls below 7.163.
Combine indicators: The narrowing BOLL bands indicate a change in trend, and shrinking volume is often an entry signal.
Case reference: Remember that XX coin before? It also surged after testing the support, patience is more important than gambling!
Can this pullback lead to a rise? The key depends on whether the main force is accumulating at 8.233! In the next issue, Xuan Mi will reveal the “3 hidden signals of the dealer's accumulation”, and once you learn it, you can ambush in advance! Want to avoid being cut? Hurry up and follow Xuan Mi for more valuable content in future shares!
Retail investors remember: Trading coins is not gambling, following the right rhythm is how you profit!
——Xuan Mi focuses on helping retail investors see through the logic behind candlesticks, click to follow so you don't miss the next big news!
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