๐ฅ $COTI : Bullish Divergence Bullish Reversal In Playโผ๏ธ ๐
$COTI just showed some serious resilience, bouncing strong from a tight intraday double-bottom around the $0.04919โ$0.04969 zone! This looks like early accumulation and a solid strength recovery in action.
With a swift green engulfing candle reclaiming the mid-zone, this could be the spark before a powerful short-term climb! โจ
๐ Long Trade Setup:
* Entry Zone: $0.05010 โ $0.05050
* TP1: $0.05115
* TP2: $0.05200
* TP3: $0.05340
* Stop Loss: Below $0.04900 ๐
Market Insight:
This setup is all about capitalizing on short-term momentum recovery after a quick capitulation. The order book is flashing strong buy interest (64.52%), indicating demand is swiftly returning. If volume follows through, this micro reversal could quickly snowball into a rapid stair-step recovery๐!
Entry Strategy:
Ideal for quick scalps or sniper swing entries! Look for confirmation with a significant volume spike or a successful retest of $0.05000 or Above! holding as support before taking your full position. Don't miss this potential rebound ride it ๐ !!