$COTI /USDT – BEARISH PRESSURE CONTINUES, SUPPORT AT RISK
COTI is currently trading at $0.0538, down -7.78%, after facing strong rejection from the $0.05896 high. Price is hovering just above the 24h low of $0.05311, signaling growing bearish momentum and a potential breakdown setup.
KEY LEVELS TO WATCH:
Support:
$0.05311 (24h low, critical support)
$0.05100 (next key zone if breakdown follows)
Resistance:
$0.05500–$0.05550 (short-term resistance)
$0.05750–$0.05900 (strong supply zone)
TRADE SETUP – SHORT POSITION
Entry: $0.05380–$0.05460 (current zone or rejection at bounce)
Take Profit (TP):
TP1: $0.05310
TP2: $0.05100
TP3: $0.04880 (if breakdown accelerates)
Stop Loss (SL): $0.05550 (above key resistance zone)
RISK MANAGEMENT:
Risk only 1–2% of capital. Wait for candle rejection on 15m–1h TF before entry. Avoid emotional trades and overexposure
NOTE: Market structure remains bearish, with lower highs and weak recovery attempts. A break below $0.05310 may fuel a steeper fall. Stay alert
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