🔥$COAI/USDT Technical Outlook: Price at a Crucial Inflection Point ⚡

$COAI is consolidating near $7.71, showing indecision between bulls and bears after a short-term rebound from recent lows. The 5-minute chart highlights a key supply zone near $7.93–$8.54 and demand support around $7.59–$7.44.

📉 Technical Overview:

The price is currently testing the 20 EMA, which may act as dynamic support.

A sustained close above $7.93 could confirm bullish momentum, with the next upside target at $8.54.

However, failure to hold the $7.59 support may trigger a bearish continuation toward $6.96.

RSI and volume metrics suggest waning momentum — traders should watch for confirmation signals.

🎯 Trade Setup:

Entry (Long): On breakout and retest above $7.93

Target: $8.54

Stop-Loss: $7.59

Entry (Short): On breakdown below $7.44

Target: $6.96

Stop-Loss: $7.80

⚠️ Always confirm with volume and candle close before executing positions.

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