$COTI /USDT – Short Trade Entry Opportunity
COTI has shown a rejection from the recent local high and is beginning to roll over with lower highs forming on the 15-minute chart. A bearish continuation is likely if support fails at the current price.
Entry Price: $0.05148
Target 1: $0.05135
Target 2: $0.05128
Target 3: $0.05123
Stop Loss: $0.05158
Risk Management:
This setup offers a tight stop above recent resistance, making it ideal for scalping. Ensure position sizing is managed properly, especially in short-term trades with quick reversals.
Pro Tip for Followers:
Watch the volume and momentum—if breakdown occurs with strong volume, add confidence. Trail your stop after first target hits to secure partial profits.
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