$COAI has shown a strong recovery from its recent low of 0.951, bouncing back with momentum and currently trading around 1.232. The 4H chart reveals a sharp reversal after a deep correction from the 3.800 peak, suggesting renewed buying interest. The price is now holding above the 7-period moving average (MA7 = 1.164), while still trading below the 25-period MA (MA25 = 1.378), indicating a potential short-term bullish continuation. Volume remains high, supporting the move. This setup favors a short-term long position targeting a retracement toward previous resistance levels.
- Entry: 1.230
- TP1: 1.378
- TP2: 1.650
- SL: 1.120