$COAI

/USDT SHORT TRADE SETUP (Illustrative Only)

​$COAI (ChainOpera AI) is currently in a strong bearish trend on the 15-minute chart after hitting a 24h high of 3.800. The price has sold off sharply and is now trading at 2.693, a -23.10% loss for the day. This volatility creates a potential short-term opportunity for a continuation of the downtrend.

​Current Price (from image): 2.693

​Key Levels & Targets

​The short-term trend is clearly downward, making the previous significant s#wing low the primary resistance for a short entry.

​Target Points for a Short Trade:

​TP1: 2.607 (The recent established swing low)

​TP2: 2.547 (Lower end of the recent range/new low)

​TP3: Lower Price Discovery (Below the current chart range)

​Stop Loss

​Set stop loss above the immediate minor resistance, which is the consolidation range at the current level.

​SL: Above 2.780 (To account for a brief relief bounce/short squeeze). A move above this level could indicate a temporary bottom is forming.

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