$COTI
๐ Trade Setup: Long Position
Entry Point: Consider entering a long position at $0.0720 USDT, anticipating a breakout above recent resistance.
Take Profit (TP): Set a take profit at $0.0770 USDT, aligning with the recent intraday high.
Stop Loss (SL): Place a stop loss at $0.0700 USDT to limit potential downside risk.
Risk-Reward Ratio: This setup offers a risk-reward ratio of approximately 1:2.5, which is generally considered favorable.